Endemol begins marketing €2.5bn IPO

Friday 21 October 2005 at 16:00

Endemol, the producer of reality television show Big Brother, began pre-marketing its €2.5bn ($3bn) flotation to investors this morning.

The float could raise up to €600m for Spanish telephone operator Telefónica, which is expected to sell up to one-third of the company in the offering.