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BSkyB publishes Sky Deutschland offer document
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BSkyB yesterday published its Sky Deutschland offer document, setting an October 15 acceptance period deadline for the offer.
Sky Deutschland shareholders can tender their shares at a price of €6.75 per share, as indicated in BSkyB’s previous announcement of 25 July 2014.
BSkyB announced in July that it has entered into conditional agreements with 21st Century Fox to acquire 21st Century Fox’s 57.4% interest in Sky Deutschland and 100% stake in Sky Italia.
BSkyB said it believes that the combination will create a “world-class multinational pay TV business, offering attractive opportunities for long-term growth and sustained value creation.”
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