5. Sky shareholders to vote on Euro expansion tomorrow

  • BSkyB shareholders will vote on the broadcaster's planned acquisition of 21st Century Fox's stakes in Sky Italia and Sky Deutschland tomorrow. 
  • Newly enlarged Sky Europe will cost BSkyB around £5 billion.
  • Shareholders will also vote on plans to dispose of stake in National Geographic; offer to buyout minority Sky Deutschland stakeholders. 
  • Sky facing increasing competition from likes of BT and Netflix.