BSkyB in double debut

Tuesday 15 November 1994 00:02 GMT

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British Sky Broadcasting is set to make a simultaneous debut on the London and New York stock markets on 8 December. Yesterday, the satellite broadcaster published a ``pathfinder'' prospectus for what will be one of the largest floations since the 1980s.

About 20 per cent of the company is being offered for sale in a move expected to give the company a stock market valuation of up to pounds 4.6bn, twice the size of media groups such as Carlton Communications. Individual shareholders will be offered around 10 per cent of the shares.

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