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