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Sky completes acquisition of Sky Deutschland

Tuesday 15 September 2015 | 13:28 CET | News
Sky has completed the acquisition of the remaining shares in Sky Deutschland, following a squeeze-out procedure of minority shareholders. The company acquired 89.71 percent of Sky Deutschland in its public offer completed last November, for a total EUR 5.63 billion. Now with 100 percent ownership of Sky Deutschland, Sky said it is able to take full advantage of future growth opportunities across each of its five territories, and share strengths and expertise from across the group to serve customers better, accelerate innovation and grow faster. Sky Deutschland's shares will soon be delisted

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