Reubens mull sports TV bid

The Reuben brothers, the billionaire property investors, are mulling a takeover of sports TV business Catalyst Media Group, which is listed on Aim and valued at £26m. City sources said the brothers, who are estimated to be worth more than £2.5bn, had not made a firm decision on an offer for Catalyst but had expressed preliminary interest. Catalyst has appointed bankers at Rothschild this month to advise on the group’s future. The TV business supplies footage from racecourses to bookmakers, as well as news and sports events for ITV and Sky, including rugby and motor racing.