05.12.2013
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DGAP-Adhoc: Sky Deutschland AG: Sky Deutschland to acquire 100% of PLAZAMEDIA, and a minority stake in SPORT1/Constantin Sport Marketing
Sky Deutschland AG / Key word(s): Acquisition
05.12.2013 17:54
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Unterföhring, 5 December 2013 - Sky Deutschland Fernsehen GmbH & Co. KG, a
wholly owned subsidiary of Sky Deutschland AG, today agreed with Constantin
Sport Holding GmbH to acquire 100% of its production company PLAZAMEDIA
GmbH TV- und Film-Produktion as well as a 25.1% equity stake in Sport1 GmbH
and Constantin Sport Marketing GmbH. The total purchase price will amount
to around EUR57.5 million on a cash and debt free basis.
PLAZAMEDIA is an established full-service provider for TV and new media as
well as one of the leading producers of sports TV in the German-speaking
markets. The company provides production services for more than 1,000
football matches for Sky Deutschland each year as well as Sky's studio
shows such as Sky90 and Samstag LIVE!. It is also a production partner for
the Sky football conferences as well as Formula 1. The activities of
SPORT1/Constantin Sport Marketing include a television channel business,
the German online sports portal SPORT1.de, as well as an advertising sales
business.
Sky Deutschland is in discussions with members of the existing bank
syndicate to finance the purchase price with new credit facilities
supported by a guarantee by its majority shareholder 21st Century Fox.
Should the intended bank financing not be concluded, 21st Century Fox has
committed to provide an unsecured shareholder loan.
The transaction, which is expected to be closed in H1 2014, is subject to
certain conditions as well as regulatory approvals.
The transaction does not change Sky Deutschland's EBITDA guidance.
Contact for media:
Dr. Jörg E. Allgäuer
Vice President Corporate Communications
Tel.: +49 89/99 58-63 77
[email protected]
Contact for investors and analysts:
Christine Scheil
Senior Vice President Investor Relations
Tel.: +49 89/99 58-10 10
[email protected]
05.12.2013 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: Sky Deutschland AG
Medienallee 26
85774 Unterföhring
Germany
Phone: +49 (0)89 9958-02
Fax: +49 (0)89 9958-6239
E-mail: [email protected]
Internet: info.sky.de
ISIN: DE000SKYD000
WKN: SKYD00
Indices: MDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart
End of Announcement DGAP News-Service
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