British Sky Broadcasting Group Plc would be a tempting target for Vodafone Group Plc or Telefonica SA -- if billionaire Rupert Murdoch is ready to give up his stake in the U.K.’s biggest pay-TV provider.
Last year, John Malone bought Humewood Castle, a neo-Gothic jumble of towers, gables, and turrets at the foot of Ireland’s Wicklow mountains. The landscape of forest and heath could hardly be more different from Colorado’s high plains, where the cable cowboy owns thousands of acres -- but it reflects a broader strategic shift for Malone.
Pearson Plc shares have lagged behind peers since hitting a 12-year high in July as a restructuring at the publisher of everything from textbooks to Tom Clancy’s thrillers failed to convince investors of its digital strategy.
EQT Partners AB is pressing ahead with plans to sell or hold an initial public offering for Springer Science & Business Media in a transaction that could value the German academic publisher at as much as 4 billion euros ($5.2 billion), said people familiar with the matter.
BT Group Plc, by taking control of the rights to two of the biggest contests in European soccer, ended British Sky Broadcasting Group Plc’s dominance in sports that helped the Rupert Murdoch-owned company become the biggest pay-TV provider in the U.K.