BSkyB has confirmed it is in discussion with Rupert Murdoch’s 21st Century Fox over the potential acquisition of its pay-TV assets in Germany and Italy which it said would create a “world-class multinational pay-TV group”.
BSkyB, which is 39% owned by Fox, said it had begun “preliminary discussions” with Fox over the acquisition but said no agreement had been reached and there was “no certainty” it would be completed.
A tie-up, which it is estimated would cost around €10bn, would transform BSkyB into a European satellite TV giant and see the long-mooted consolidation of Murdoch’s TV assets.
via BSkyB confirms talks to buy Sky assets in Germany and Italy | Media | theguardian.com.
