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February 7, 2008

BBC Worldwide “seeks to expand with bigger debt limit”

By Patrick

The commercial arm of the BBC has held talks with private equity groups over its plans to expand its business, according to the Financial Times.

BBC Worldwide apparently feels constrained by its £350m borrowing limit imposed by the Treasury – the FT quotes one private equity executive who says off the record that Worldwide believed it should be allowed to take on £1bn in debt.

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