The German pay-TV operator Premiere has set the price for its newly issued shares at €12.50. It wants to raise sufficient funds to bid for the Bundesliga rights by issuing 14.06 million new shares. At this price, Premiere will get €175.75 million from the market.
About Robert Briel
Arnhem-based Robert covers the Benelux, France, Germany, Austria and Switzerland as well as IPTV, web TV, connected TV and OTT. Email Robert at rbriel@broadbandtvnews.com.