Granada Learning rejects sale talk
City rumours that Granada Learning could be sold after the merger of its parent Granada with Carlton Communications have been scotched by m.d. Nigel Ward as flawed and predictable.
Mr Ward, a member of Granada's associate board, said such a move had not been discussed.
"In a flat market, people want to talk up a deal, but there is nothing happening."
A suggestion that the enlarged television company would look to dispose of non-core assets was dismissed. "If everybody disposed of what is not centrally core you wouldn't be able to move for transactions."
Granada Learning made sales "in the region" of £45m for the year to end-September 2002. "With a much bigger parent, we will have greater ambitions," Mr Ward said.
The deal would not change Granada Learning's opposition to the BBC's digital curriculum proposals. "We have put forward some very credible arguments—being part of a larger TV company won't change them."
Mr Ward, a member of Granada's associate board, said such a move had not been discussed.
A suggestion that the enlarged television company would look to dispose of non-core assets was dismissed. "If everybody disposed of what is not centrally core you wouldn't be able to move for transactions."
Granada Learning made sales "in the region" of £45m for the year to end-September 2002. "With a much bigger parent, we will have greater ambitions," Mr Ward said.
The deal would not change Granada Learning's opposition to the BBC's digital curriculum proposals. "We have put forward some very credible arguments—being part of a larger TV company won't change them."
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