Local: Los Angeles, CA  (change)

 | 

Join the Topix community today: 

Sign Up

 | 

Sign In

Advertisment
Deutsche Telekom AG

Apr 3, 2008

Vivendi unloads BSkyB shares to help finance expansion in America

“The most-hoped for outcome is that we get our money back next year. But there are other ways to get what we want. Sky can work with Kirch to strengthen the business.”

Vivendi Universal yesterday moved to raise more cash from its BSkyB stake and bolster its balance sheet ahead of a possible US acquisition. via The Independent

Leave a Comment

Comments

Type in your comments to post to the forum
Name
(appears on your post)
Comments
Type the numbers you see in the image on the right:

Please note by clicking on "Post Comment" you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Other Recent Deutsche Telekom AG Discussions
Topic Updated Last By Comments
Deutsche Telekom might buy Sprint Nextel May '08 Hannah 5
Report: DT mulling bid for Sprint Nextel May '08 Tony 4
Deutsche Post says its 4Q profit fell 60 percen... (from Mar '08) Mar '08 no one 1
T-Mobile adds nearly 1M U.S. subs in 4Q (from Mar '08) Mar '08 Problems 1
Sprint and T-Mobile: A disaster in waiting (from Mar '08) Mar '08 randomhero71 1
Apple fans brave rain for European iPhone launch (from Nov '07) Nov '07 Don Williams 1
Bad news for European broadband: Germany takes ... (from Jan '07) Jan '07 oligofree 1