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BSkyB acquires 87.45% of Sky Deutschland

Thursday 6 November 2014 | 10:37 CET | News
BSkyB has received acceptances for 87.45 percent of Sky Deutschland's shares in its extended takeover offer. This raises its stake from 68.8 percent acquired during the initial bid period. In July BSkyB agreed to pay GBP 2.9 billion for 21st Century Fox's 57.4 percent stake in Sky Deutschland, and it then launched a public bid for the remaining shares. Settlement of the public bid will take place 12 November. 

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Categories: Broadcast & Satellite
Companies: BSkyB / Sky Deutschland
Countries: Germany
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