Report: BSkyB to close on Sky Deutschland, Italia deal

|About: Sky Plc (BSYBF)|By:, SA News Editor

British Sky Broadcasting (OTCPK:BSYBF) may announce a deal within the next two weeks entailing the purchase of 21st Century Fox's (NASDAQ:FOX) Sky Deutschland (OTC:SKDTF) and 57% stake of Sky Italia, Reuters reports quoting the Sunday Times.

The deal would form a European pay-TV giant with 20M subscribers, at a predicted acquisition price of around €7-10B ($9.5-13.5B).

Facing difficulties from minority shareholders of Sky Deutschland, the purchase has been challenged with frequent delays in recent months.