BSkyB announces €6.7bn European expansion

BSkyB bolstered its pay-TV empire today with the €6.7bn takeover of sister companies in Italy and Germany.

BSkyB announces €6.7bn European expansion
Fri, 25 Jul, 2014 - 09:08

BSkyB bolstered its pay-TV empire today with the €6.7bn takeover of sister companies in Italy and Germany.

The broadcaster's deal with 21st Century Fox, which is controlled by tycoon Rupert Murdoch, will see it buy all of Sky Italia for €3.1bn and take a 57.4% interest in Sky Deutschland for €3.66bn.

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CourtsBusinessHeathrowPlace: ItalyPlace: GermanyPlace: EuropePerson: Rupert MurdochPerson: MurdochOrganisation: BSkyBOrganisation: 21st Century FoxOrganisation: Sky ItaliaOrganisation: Sky DeutschlandOrganisation: Time WarnerOrganisation: Twenty-First Century FoxOrganisation: Fox NewsOrganisation: FoxOrganisation: HollywoodOrganisation: 20th Century FoxOrganisation: News Corp
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