RTL Stock Slump Puts Sky Deal and Streaming Bet Under the Microscope
RTL Group shares fell 0.46% to 32.68 euros late Thursday, extending a 13.56% five-day slide amid questions over the broadcaster’s outlook. The stock dropped after RTL paid a 5.50 euro dividend linked to the RTL Nederland sale. The company will report first-quarter results May 13 and plans to close its Sky Deutschland acquisition June 1. EU regulators cleared the deal, which will create a group with 12.3 million subscribers.