EU signs off BSkyB deal for multinational network

The bid by Britain's BSkyB to create a multinational pay TV network by taking control of its sister companies in Italy and Germany has been accepted by the European Union's antitrust authority.

The executive commission didn't feel as though the transaction wouldn't hinder competition because the companies are serving currently serving separate markets with a language barrier.

In July, BSkyB said it planned to buy Sky Italia and 57% of Sky Deutschland for £5.35 billion from 21st Century Fox and will create a network of 20 million customers across three of Europe's four biggest markets.

DTG Staff  |  17.09.2014

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