The BBC has been holding discussions with City advisers about floating part of BBC Worldwide, its commercial arm, in response to pressure from the government and commercial rivals to dilute its media market power. Sir Michael Lyons, chairman of the BBC Trust, told the FT on Tuesday he had “an open mind” about the future ownership of Worldwide, and people familiar with the matter say a partial flotation is one of several possible outcomes. Bankers say Worldwide, which operates in 100 countries, could be valued at up to £2bn.

This entry was posted by Gwen Robinson on Wednesday, November 25th, 2009 at 4:33 and is filed under Capital markets. Tagged with bbc. Edit this entry.