Sky Deutschland shareholders agreed a capital increase at the pay-TV operators AGM on Friday.
The companyÂs capital could be increased by up to 50% from the current Â539.16m. The decision means Sky Deutschland will have initiated seven capital increases in the five years since it went public. New CEO Brian Sullivan recently said the pay-TV operator had no plans for a further capital increase during the next 12 months.
Sky Deutschland has added three new members to its supervisory board. Chase Carey, deputy chairman, president and chief operating officer of News Corp, Miriam Kraus, senior vice-president, global governance, risk and compliance at SAP, and Katrin Wehr-Seiter, a self-employed business and investment consultant, are the latest members of the board, which will now consist of nine members.
ICYMI: KKR plans German media powerhouse with Tele München acquisition. digitaltveurope.com/2019/02/21/kkr… https://t.co/hXZUVsq0Bt
21st February 2019