Sky TV on the hunt for new buyers

The AFR has suggested there's a buyout looming. (Image: Sky TV)

Tue, 31 May 2022

Dual-listed television network Sky TV is on the hunt for new buyers to take part in a half a billion-dollar buyout as the company looks for new channel growth. The Australian Financial Review's (AFR) Street Talk column revealed this morning that two private equity groups have been “encouraged” to look into a buyout of the television network in a deal worth over $500 million.The AFR reported that a closer look at the books is on the cards for the approached parties, if interested, and the deal allegedly involves the pitch of...

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