Surprise bidder for Virgin
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Surprise bidder for Virgin

It seems another non-UK based media company could get their hands on a British radio station. According to reports, a network backed by Malaysian billionaire Ananda Krishnan has made a bid for SMG's Virgin Radio to rival Absolute, Global and UTV Radio.

The [link=]report[/link] in the Telegraph suggests the four companies have made offers of between £60 and £70 million pounds.

The deadline for the next round of bids is mid-March.

Ananda Krishnan is thought to be the third-wealthiest man in Southeast Asia and his company, Astro, broadcasts over 100 TV channels across Malaysia and Brunei.

Hear more radio industry news like this at the top of the hour on inRadio - the radio industry's very own radio station. Listen now in a new window whilst you continue reading RadioToday or press play below.

0 0 370 17 February, 2008 Industry News 10:26 am 20082 Sunday, February 17th, 2008

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