Business
ITV acquires The Garden
ITV acquires The Garden.
About this update from Itv Plc
[{"type":"text","content":"\n \nRNS Number : 8762C ITV PLC 22 April 2013 \n\n22 April 2013\n \nITV acquires The Garden\n \nITV plc has agreed to acquire 100% of the multi-award winning independent producer, The Garden, the company behind 24 Hours in A&E and Inside Claridge's.\n \nITV will pay an upfront cash consideration of £18m with a further capped cash payment contingent on The Garden's future performance. The additional consideration is only payable on the delivery of significant profit growth over the next five years. In 2012 The Garden made an operating profit of £2.5m. \n \nENDS\n \nFor further enquiries please contact:\n \nInvestor Relations: Pippa Foulds +44 20 715 76555 or +44 7778 031097 \n \nMedia Relations: Mary Fagan +44 20 715 73965 or +44 7736 786448\nMike Large +44 20 715 73021 or +44 7768 261528\n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END ACQITMRTMBATMPJ\n ","length":1794,"tagName":"div"}]