The acquisition of the 57.4% stake was formally announced on 25 July 2014. BSkyB also made a required takeover offer to Sky Deutschland's minority shareholders. This resulted in BSkyB acquiring 89.71% of Sky Deutschland's share capital in total.
The formal announcement of the 57.4% stake acquisition on July 25, 2014, prompted BSkyB to make a mandatory takeover bid to minority shareholders of Sky Deutschland. This ultimately resulted in BSkyB acquiring 89.71% of Sky Deutschland's total share capital.