Financial Times FT.com

News Corp lifts stake in German TV group

By Joshua Chaffin in New York

Published: February 21 2008 19:41 | Last updated: February 21 2008 19:41

News Corp has raised its stake in Premiere, Germany’s largest pay-television operator, raising speculation that it could push for a full takeover of the company.

Just weeks after paying €287m ($425m) for a 14.6 per cent stake in Premiere, News Corp revealed on Thursday that it had since secured additional shares, giving it 19.9 per cent of the total.

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