EU approves BSkyB's bid for Italian, German Sky businesses

11th September 2014, Comments 0 comments

The European Commission on Thursday gave the green light to BSkyB's bid to buy Sky Deutschland and Sky Italia for 8.8 billion euros ($11.4 billion).

"The Commission has reached the conclusion that the transaction would not raise competition concerns, since the activities of the three companies are geographically complementary," it said in a statement.

© 2014 AFP

0 Comments To This Article