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GC Asia
BSkyB deal raises hopes of IG bond issues
Bond financing for British Sky Broadcasting's £5bn acquisition of Sky Italia and Sky Deutschland could help boost the pipeline for the second half of the year, along with other M&A deals.
The British TV broadcaster agreed on July 25 to pay 21st Century Fox £2.45bn for Sky Italia and £2.9bn for its 57.4% stake in Sky Deutschland. BSkyB simultaneously announced a tender offer to all minority shareholders for the remaining 42.3% of Sky Deutschland at the same price of
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