Tinopolis Linked with Major Television Takeover Bid

Summary


Tinopolis of Llanelli is being linked with an audacious acquisition which would make it the second biggest player in the UK's television production sector. It is understood that Tinopolis, which joined London's Alternative Investment Market earlier this year through a reverse takeover, has made an approach to acquire full-listed venture, the Television Corporation.

The takeover would catapult Tinopolis's annual sales to more than pounds 55m and its staffing levels to 400 at offices in Llanelli, Cardiff, London, Glasgow and Oxford - it currently employs 140.

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Tinopolis Linked with Major Television Takeover Bid

The Television Corporation was the first production company to obtain a Stock Exchange listing in the 1990s.

Its mai...

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