August 2007 archives

08/04/2007 - 18:31 - Genesis8 BSkyB is buying Amstrad

Rupert Murdoch owner of the U.K. media group BskyB has launched an amical OPA on Amstrad for 185 millions €, it will permit to BskyB to lower its costs, as it was buying satellit numerical video decoders from Amstrad. Alan Michael Sugar will stil be the manager at Amstrad, and will still keep 28% Amstrad actions d'Amstrad after selling a part of his actions for 34,5 millions of pounds. Alan Michael Sugar is now 60 years old.