Corporate Finance Equity Deals Old Articles
A price too high to be refused: CVC Acquires 80% of Sky Bet for £720m
SKY PLC; market cap (as of 5/12/14): £16.3bn Introduction On December 4th, 2014, Sky agreed to sell 80% of its betting business Sky Bet to CVC Capital Partners. The gambling division, valued ca. £800m, has been one of Sky’s fastest growing businesses with 18% revenues growth in the last financial Read more…