Media giant Comcast makes bid for Sky

Media giant Comcast makes bid for Sky
 

US cable TV giant Comcast has made a £22.1bn takeover bid for Sky, challenging an existing offer from Rupert Murdoch’s 21st Century Fox.
21st Century Fox had already agreed an £18.5bn deal to buy the 61% of Sky it does not already own.
Comcast said the bid of £12.50 per share was a 16% higher than the 21st Century Fox offer.
The chief of Comcast, Brian Roberts, said: "We think that Sky would be very valuable to us."
"We would like to own the whole of Sky and we will be looking to acquire over 50% of the Sky shares," he said.
Mr Roberts added that the UK "is and will... read more

 
27 February 2018 in Business, Views: 45
Source: BBC
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