News Corp. to Take Controlling Stake of 54.5 Percent in Germany’s Sky Deutschland

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By: Georg Szalai | Hollywood Reporter

LONDON – Rupert Murdoch’s News Corp. said Monday that it has agreed on a financing deal with Sky Deutschland that will allow the entertainment conglomerate to increase its holding in the German pay TV company to a controlling stake.

The agreement will boost the company’s stake from 49.9 percent to a 54.5 percent majority ownership.

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