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Germany: Authorities clear Sky sports buyout

By  |  February 13, 2014

German antitrust authorities have announced their approval for pay-TV operator Sky Deutschland to acquire part of broadcaster Sport1, say reports.

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    Sky will take a 25.1 percent stake in the sports television company; the deal was first announced in December 2013.

    In a statement, the regulator Bundeskartellamt said it did not find “deep concerns” that would require a block of the merger.

    Sky will also acquire a minority share of marketing firm Constantin Sport Marketing, as well as a total acquisition of production company Plazamedia.

    Full Content: Rapid TV News

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