BSkyB eyes Spain’s Digital+ for $4 billion

Starts 3rd October

Vanita Keswani

Madison Media Sigma

Poulomi Roy

Joy Personal Care

Hema Malik

IPG Mediabrands

Anita Kotwani

Dentsu Media

Archana Aggarwal

Ex-Airtel

Anjali Madan

Mondelez India

Anupriya Acharya

Publicis Groupe

Suhasini Haidar

The Hindu

Sheran Mehra

Tata Digital

Rathi Gangappa

Starcom India

Mayanti Langer Binny

Sports Prensented

Swati Rathi

Godrej Appliances

Anisha Iyer

OMD India

BSkyB eyes Spain’s Digital+ for $4 billion

MUMBAI: British Sky Broadcasting (BSkyB), the British pay-TV firm, is planning to make a bid of more than 2.5 billion euros ($4 billion) for Spanish pay-TV platform Digital+, according to media reports.

 

BSkyB is looking at the group as it seeks to build its presence in continental Europe. Spanish media group Promotora de Informaciones SA (or Prisa), which owns Digital+ are expected to auction Digital+ later this year in order to repay debts.

 
BSkyB’s strong cash flow and backing of parent company News Corp will enable it to finance the acquisition without difficulty, reports say.

According to the Financial Times, Spanish groups Telefonica and ONO, France‘s Vivendi and France Telecom‘s Orange unit may also be interested in buying Digital+.