Chorion eyes bid for Hit Entertainment: report

LONDON (BestGrowthStock) – Media group Chorion Plc is considering bidding for Hit Entertainment, the Sunday Times said in an unsourced report.

The newspaper said Hit was being sold by its owner Apax Partners for up to 1 billion pounds ($1.58 billion). It added that Jefferies investment bank was advising Chorion on the possible bid.

Officials at Chorion could not be reached for a comment on the report.

(Reporting by Sudip Kar-Gupta, editing by Maureen Bavdek)

Chorion eyes bid for Hit Entertainment: report