Crispin Odey

Crispin Odey makes Sky Deutschland U-turn

The finance company owned by Rupert Murdoch’s formerson-in-law, Crispin Odey, has agreed to sell almost all of its minority stake in the Sky Deutschland. Odey and Odey Assett Management had initially resisted BSkyB’s offer to buy the outstanding shares in the German pay TV platform. However, it has now confirmed that it will offload 97% […]

Sky Deutschland boards recommend rejection of BSkyB bid

The executive board of Sky Deutschland has advised minority shareholders against accepting BSkyB’s bid for overall control of the company, saying it undervalues the pay TV operator. BSkyB agreed in July to acquire 21st Century Fox’s 57% stake in the operator as part of its plan to create a new ‘Sky Europe’ comprising itself, Sky […]

Crispin Odey rejects BSkyB’s Sky Deutschland bid

Sky Deutschland minority shareholder – and Rupert Murdoch’s former son-in-law – Crispin Odey has rejected BSkyB’s offer to buy the outstanding shares in the Germany pay TV operator, saying it significantly undervalues the company. Fund manager Odey is Sky Deutschland’s second largest shareholder with a stake of around 8%. BSkyB has already indicated that its […]