News Corp takes up 30% in Premiere capital increase
Pay TV business Premiere has completed its Eu411.6m rights issue in a deal that was overshadowed by a lawsuit by retail investors. Shareholders have taken up just under 70% of the deal, leaving the largest shareholder, Rupert Murdoch’s News Corp, with the remainder. Other rights issues closing this week, including Wolseley and Seat PG, reached higher take-ups. EuroWeek this week looks at Premiere’s implication for future deals.
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