BSkyB considers €2.5bn Spanish bid

ft.com     04-Jul-2008            

By Andrew Edgecliffe-Johnson and Ben Fenton in London British Sky Broadcasting, the UK satellite group, is considering making a bid of more than €2.5bn ($3.9bn) for Digital Plus, the Spanish pay-television platform, which would mark its first foray outside the UK and Ireland since an ill-fated move into Germany in 2000. Digital Plus, which Grupo Prisa is expected to auction later this year, had been in the sights of News Corp, the US media conglomerate which owns 39.1 per cent of BSkyB. But News Corp's simultaneous pursuit of Premiere, the German pay-TV group, has sparked a debate at Rupert Murdoch's media group about the funds it is willing to allocate to expanding its western European footprint. You have viewed your allowance of free articles. If you wish to view more, click the... [read full story]                    

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