Panorama indie in £45m private equity sale

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The parent company of Panorama producer Mentorn has agreed in principle to a £44.7m takeover bid by private equity house Vitruvian Partners.

Tinopolis, which also owns sports indie Sunset+Vine, has recommended shareholders accept the offer, which would make it the latest in a string of publicly-listed companies to go back into private hands.

The FT says the move is further evidence that investors are falling out of love with small companies. 

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