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| Edited By: |Source: Reuters |Updated: Mar 17, 2018, 04:43 AM IST
Richard Desmond, owner of the Daily Express newspaper and OK! magazine, is putting the finishing touches to a £100 million ($153 million) deal to buy British TV channel Five, the Sunday Times reported.
The newspaper, without citing sources, said Desmond had beaten rival interested parties including Time Warner, Channel 4 and Endemol.
RTL Group, the pan-European broadcaster which owns Five, declined to comment.
Desmond could not immediately be reached.
