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Update NDS purchase gains final court approval
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Update NDS purchase gains final court approval - 05-February-2009, 16:50

NDS purchase gains final court approval

NDS Group Limited has confirmed it has received the final approval from the High Court of Justice in England and Wales that will see the company return to private hands.

The High Court has approved the scheme under which News Corporation and two subsidiaries of funds advised by Permira Advisers LLP would own approximately 49% and 51% of NDS.

The scheme becomes fully effective today (February 5, 2009).
   
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