CANNES — U.K. satcaster BSkyB has confirmed reports that it is looking to acquire 21st Century Fox’s stakes in pay TV operators Sky Deutschland in Germany and Sky Italia in Italy.
The company said in a statement Monday, “BSkyB believes at the right value, this combination would have the potential to create a world-class multinational pay TV group.”
It added that discussions had not progressed beyond a preliminary stage, and there was “no certainty that a transaction will occur.”
With regards to Sky Deutschland, BSkyB would look to acquire 21st Century Fox’s 57% stake in the company. As a consequence BSkyB would… [Read more on Variety]