(BFW) Murdoch Said Poised to Sell European Sky Stakes for $9



BN 07/24 23:42 Murdoch Said Poised to Sell European Sky Stakes for $9.3 Billion

Murdoch Said Poised to Sell European Sky Stakes for $9.3b
2014-07-24 23:48:20.578 GMT


By Tim Smith
July 25 (Bloomberg) -- To sell satellite-TV interests in
Italy, Germany, people with knowledge of the matter told
Bloomberg’s Kristen Schweizer and Anousha Sakoui, gaining funds
to raise an $80 billion takeover bid for Time Warner Inc.
* The sale to British Sky Broadcasting Plc may be announced as
soon as today, said the people, who asked not to be named
because the deal isn’t public
* With assistance from Cornelius Rahn in Berlin and Daniele
Lepido in Milan

Story Link:NSN N98PUC6KLVS6<GO>

For Related News and Information:
Murdoch Said Open to Offer More Than $75 Billion for Time Warner
NSN N8TQH76S972H <GO>
Murdoch Said to Mull Sky Proceeds to Boost Time Warner Bid
NSN N92E5R6S9732 <GO>
BSkyB in Talks to Buy Fox’s Pay-TV Units in Germany, Italy
NSN N5HAF26JTSEF <GO>
Top Stories: TOP <GO>
Top Media Stories: TOP MED <GO>
Top Technology Stories: TTOP <GO>
Top Deal Stories: DTOP <GO>

--With assistance from Cornelius Rahn in Berlin and Daniele
Lepido in Milan.

To contact the reporter on this story:
Tim Smith in Sydney at +61-2-9777-8678 or
tsmith58@bloomberg.net
To contact the editors responsible for this story:
Jan Dahinten at +65-6212-1164 or
jdahinten@bloomberg.net