Originally Posted by
mistaTea
Note that Sky TV's market cap is likely to increase after this deal is done. Current Market Cap= $144M.
SP is probably going to trade @ 20 - 25c (judging by the sell/buy orders that have been put into ASB already). That would be equivalent to a market cap of $333M - $417M post capital raise.
So yes, a takeover is always still possible, but now a buyer would have to pony up more than before the capital raise. Not sure how Spark would get on given the performance and carry on when they complained about Voda-Sky.
And not sure Infratil would want to have a go, given Vodafone failed in 2016. The landscape has changed since then, and I reckon they could get a deal past the Comcom now...but they may be reluctant still.
But sure, a 'new Sky' on more solid footing could attract a buyer.