Read this: Is Vodafone Group plc Really About To Launch A Takeover Bid For Sky PLC?
Summary: As Sky points out, more than 60 million customers across its key markets of Britain, Ireland, Germany, Italy and Austria do not currently take pay-TV services, providing plenty of product penetration opportunities for Vodafone. Vodafone undoubtedly has the financial firepower to initiate a takeover of Sky, and promisingly the latter's shaky financial platform may allow Vodafone to walk away with a terrific deal - indeed, Moody's downgraded Sky's credit rating last month after the Brentford firm's European expansion doubled its debt to around pound7bn. I believe that any potential deal has the potential to vastly enhance Vodafone's earnings outlook. - www.fool.co.ukRead full article: Is Vodafone Group plc Really About To La…
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