All3Media pulled off market as price expectations not met
The sales process for production company All3Media has been halted by its majority shareholder, with the price expectation not being met.
Private equity house Permira is reported to have pulled the sale following bidders failing to meet the £750 million plus price it was seeking.
The demanded figure is 12 times the forecast earnings for 2011, although observers suggested that eight times the forecast would be a more realistic figure.