STOCKS NEWS EUROPE-Sky Deutschland down; News Corp weighs

Mon Oct 26, 2009 11:32am GMT
 
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Shares in pay-TV provider Sky Deutschland (SKYDn.DE) fall 2.4 percent on statements by major shareholder News Corp (NWSA.O), saying the company has no plans right now to invest further capital in Sky Deutschland.

"The market sees that as a signal that News Corp will not buy further shares in Sky," a trader says.

News Corp in August increased its stake in Sky Deutschland to almost 40 percent. For more double click on [ID:nL5367784]

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