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BSkyB Mulls $4 Billion Bid for Spain's Digital Plus: FT
By Reuters | 04 Jul 2008 | 04:22 AM ET
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British pay-TV firm BSkyB is considering a bid of more than 2.5 billion euros ($4 billion) for Spanish pay-TV platform Digital Plus, the Financial Times said on Friday.

The newspaper quoted people familiar with the situation as saying there had been no decision to proceed, but that BSkyB's strong cash flow could allow it to finance an acquisition.

It said Grupo Prisa, Spain's largest media company, was expected to auction Digital Plus later this year, probably from around September, to repay debts.

Spanish groups Telefonica and ONO, France's Vivendi and French Telecom's Orange unit were also likely to be interested, it said.

BSkyB was not immediately available for comment.

Copyright 2008 Reuters. Click for restrictions.

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