Reuters logo
BRIEF-Sky Deutschland sets minority squeeze out at 6.68 euros per share
June 8, 2015 / 5:07 PM / 2 years ago

BRIEF-Sky Deutschland sets minority squeeze out at 6.68 euros per share

June 8 (Reuters) - Sky Plc :

* Cash compensation payable to minority shareholders for transfer of their Sky Deutschland shares has been set at 6.68 euros per share

* Squeeze out resolution will be approved at an extraordinary general meeting of Sky Deutschland scheduled for July 22, 2015

* Cash compensation payable to minority shareholders is based on higher of an independent formal valuation of Sky Deutschland

* Transfer report should not be treated as forecasting Sky Plc’s or German entities’ expected future financial performance in any way

* Transfer report has been prepared as part of squeeze out process Source text for Eikon: Further company coverage: (Bengaluru Newsroom; +44 207 542 1810)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below