RTL Group completes Sky Deutschland acquisition for €68M, well below initial €150M price
By
Luis Rijo
Kettled twice. Extra chewy, extra trustworthy.
Summary
RTL Group has completed its acquisition of Sky Deutschland for €68 million in upfront cash to Comcast, significantly below the originally announced €150 million. The deal, which received unconditional EU approval in April 2026, closed on 1 June 2026. RTL Group attributes the reduced payment to standard net working capital and debt-like adjustments. The acquisition creates a combined entity with 12.3 million subscribers across the DACH region.
Key quotes
· 4 pulledRTL Group today closed its acquisition of Sky Deutschland, paying €68 million in upfront cash to Comcast
substantially below the €150 million figure originally communicated when the deal was announced a year ago
The gap between the two numbers is not a renegotiation
customary net working capital and debt-like item adjustments
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