Reed International has today confirmed that it is in discussionwith the three other principle shareholders in BSB Holdings – Pearson , Chargeurs and Granada – with a view to selling them its indirect 4% interest in BSkyB. The negotiations have arisen in connection with the re-financing of the £450m Guaranteed Loan Facility which certain of the shareholders have been supporting since 1990.
Reed wishes to sell its share in BSB Holdings in order to concentrate its investments in existing publishing and information businesses .
Media Jobs
Hello. We have downloaded cookies on your device. Some of these cookies are essential for the website to function. Others are non-essential and are used for analytics and advertising.
We need your consent for these types of cookies.
To withdraw your consent or change your cookie choices, please do this through your browser settings.
Otherwise, click OK to accept and continue.AcceptPrivacy policy
