The World: Dublin - Doughty Hanson bids for TV3

Doughty Hanson, a private equity group, has made a bid of EUR265 million for the Irish broadcaster TV3.

It made the bid following CanWest's decision to put its 45 per cent stake in the business on the market earlier in the year. ITV, the other interested party, now has 90 days to decide whether to match the offer.

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