Sky - Acquires remaining shares of Sky Deutschland
Sky has consolidated its position as Europe's leading entertainment company after completing the acquisition of the remaining shares in Sky Deutschland.
With 100% ownership of Sky Deutschland, Sky 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 completed the acquisition of the remaining approximately 4% minority shareholdings in Sky Deutschland AG earlier today, with the cash compensation for the minority shareholdings set at €6.68 per share, in accordance with the requirements of the German Stock Corporation Act. Sky Deutschland AG will shortly be delisted from the Frankfurt Stock Exchange.