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Eurosport eye BSkyB

TV GROUP Discovery Communications said it will raise its stake in Eurosport, making it more competitive against British Sky Broadcasting and BT in bidding for TV sports rights.

US-headquartered Discovery will increase its stake in Societe Television Francaise 1's Eurosport to 51pc from 20pc, with a possibility of buying the rest of it, the companies said.

Eurosport is valued at €902m.