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BSKYB-EUROPE/
RTR402X3
July 25, 2014
Sky Sports logos are seen on the side of offices at their UK company headquarters in west London July...
London, United Kingdom
Sky Sports logos are seen on the side of offices at their UK company headquarters in west London
Sky Sports logos are seen on the side of offices at their UK company headquarters in west London July 25, 2014. Britain's BSkyB has agreed to pay 4.9 billion pounds ($8.3 billion) in cash to buy Rupert Murdoch's pay-TV assets in Germany and Italy, responding to slowing growth at home by creating a European media powerhouse. BSkyB, in which Murdoch's 21st Century Fox is also the top shareholder, will pay for the deal using cash, debt and a placing of shares that represents around 10 percent of its issued share capital. BSkyB said it would pay 2.45 billion pounds for Sky Italia and 2.9 billion pounds for Fox's 57 percent stake in Sky Deutschland to create a group with nearly 20 million customers. REUTERS/Toby Melville (BRITAIN - Tags: BUSINESS MEDIA LOGO)
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