Bertelsmann likely to reduce RTL stake to fund ITV bid
Bertelsmann may sell up to 15% of its RTL stake to raise £1.5 billion, possibly to buy a stake in ITV, including the 10% BSkyB is being forced to sell.…
Thomas Rabe
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Bertelsmann CFO denies plans to sell SonyBMG stake
Bertelsmann CFO Thomas Rabe says there are no specific plans to sell its SonyBMG stake, though CEO Hartmuth Ostrowski has said a sale to a third party is not preferred.…
Bertelsmann rumoured to be considering selling SonyBMG stake
The Financial Times Deutschland reports Bertelsmann CFO Thomas Rabe has met private equity firms about selling its 50% SonyBMG stake, which the JV agreement allows after August 2009.…
Bertelsmann looks to optimise SonyBMG stake
Bertelsmann CFO Thomas Rabe says the German group is in talks with Sony Corp about restructuring its 50% stake in SonyBMG, without giving detail.…