CLT to sell up in the UK

- The German owned media group CLT is seeking to raise £65 million from the sale of its main UK radio interests as the group prepares to pull out of the UK.

- The German owned media group CLT is seeking to raise £65 million from the sale of its main UK radio interests as the group prepares to pull out of the UK.

CLT, which is owned by German media giant Bertelsman, is selling stakes in its three main radio interests.

It is putting up for sale its 80 per cent stake in Atlantic 252, a longwave pop station which broadcasts from Ireland to the UK, as well as its 62 stake in Talk Radio, the commercial speech station, and Country 1035, the London country music station. It is inviting bids at the end of the month.



Topics

Before commenting please read our rules for commenting on articles.

If you see a comment you find offensive, you can flag it as inappropriate. In the top right-hand corner of an individual comment, you will see 'flag as inappropriate'. Clicking this prompts us to review the comment. For further information see our rules for commenting on articles.

comments powered by Disqus