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November 25, 2009

FT: BBC in talks over floating Worldwide

By Press Gazette

The BBC has been holding talks with advisors in the City about floating part of its commercial arm, BBC Worldwide, as a response to calls for it to reduce its market holdings.

The Financial Times reported this morning that sources said banks Goldman Sachs and Credit Suisse were part of the advisory process, however neither would comment to the paper.

Sources said floatation was unlikely before the end of 2010, at the earliest.

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