Our Sponsors

VIPCoFCCGBroadridgeLink Market Services GmbHAHEADhermesDP DHLK+SSAPGeorgesonSuedzuckerWacker Chemie AGThomson ReutersEQS Group



Corporate Governance – portrayed in the individual cultural and legal framework, from the standpoint of equity capital.

VIPsight is a dynamic photo archive, sorted by nations and dates, by and for those interested in CG from all over the world.

VIPsight offers, every month:
transparent and independent current information / comments / facts and figures on corporate governance locally and internationally,

  • written by local CG experts,
  • selected and structured by the Club of Florence,
  • financed by its initiator VIP and other sponsors with a background of “Equity and Advisory” interests.

VIPsight International

Article Index



Capital News


Sky Deutschland is planning to carry out financing measures with gross proceeds amounting to at least €340 million. In connection with a new capital increase, up to 269,580,929 new shares are to be issued. The rights offer is planned for September-October. As well as the new share issue, the issue of a convertible bond or preparation for a company loan by News Adelaide Holding is also in the offing. This 100% indirect subsidiary of News Corporation, which currently holds 45.42% of Sky Deutschland’s registered capital, has committed itself to subscribing the rights offer at least at a price not below the legally required net minimum price and to subscribing up to 49.9% of the registered capital of Sky Deutschland after the conclusion of the financing measures.


Wincor Nixdorf will be buying back up to 400.000 shares between 3 August and 3 November. This was decided by the board on 2 August on the basis of authorization from the AGM on 25 January, as emerges from a press release published on 3 August. As in previous buyback campaigns, proceeds would be used in particular to service share option programs. By the end of the business year 2008-9 the ATM manufacturer held 1,420,980 of its own shares, corresponding to a proportion of 4.295% of the registered capital. The planned buyback could raise this proportion to 5.5%.