Morning Update: ITV’s £2.5b Brexit loss; WPP invests big in Facebook; Fox News ‘most engaged’ Facebook site

Suzan Ryan

June 28, 2016 8:33

Carnival, the NBC Universal-owned maker of Downton Abbey, has in the past been rumoured to have had an interest in buying ITV. Photograph: Nick Briggs/ITV

Photograph: Nick Briggs/ITV

The Guardian: ITV sees almost £2.5bn wiped from stock market value after Brexit

ITV has seen almost £2.5bn wiped off its stock market value since the Brexit vote, raising city speculation the the broadcaster could become the target of a takeover.

ITV, which saw its share price fall by more than 20% on Friday, continued to see jittery investors drive its price down more than 5% in early trading on Monday. Carnival, the NBC Universal-owned maker of Downton Abbey, has in the past been rumoured to have had an interest in buying ITV.

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Suzan Ryan

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