FRANKFURT, Sept 28 (Reuters) - Sky Deutschland AG:
* Says Sky Deutschland issues 168,937,926 new shares by way of rights offering
* Says gross proceeds amount to approximately EUR 177.4M
* Says News Corporation increases its shareholding to 49.90 percent
* Says first day of trading of new shares expected on 1 October 2010
* Says to raise remaining amount of about EUR 162.6 million via convertible
bond and/or a shareholder loan by January 31
((Frankfurt Newsroom; +49 69 7565 1272))
(For more news, please click here) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
* Says Sky Deutschland issues 168,937,926 new shares by way of rights offering
* Says gross proceeds amount to approximately EUR 177.4M
* Says News Corporation increases its shareholding to 49.90 percent
* Says first day of trading of new shares expected on 1 October 2010
* Says to raise remaining amount of about EUR 162.6 million via convertible
bond and/or a shareholder loan by January 31
((Frankfurt Newsroom; +49 69 7565 1272))
(For more news, please click here) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.