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12/07/2018
10:35
21CF acquires Sky

21st Century Fox (21CF) owned by R.Murdok reached an agreement on the acquisition of Sky (Great Britain) due to the bid price being raised to 24.5bn pound sterling ($32.5bn), Reuters informed.

Thus, 21CF won competition with Comcast interested in the Sky acquisition as well.

21st Century Fox raised the bid price to 14 pound sterling/stock from 10.75 pound/stock. Earlier, Comcast offered 12.5 pound/stock.

Fox informed that it came to a consent with an independent committee of Sky.

21st Century Fox, Inc. is held by R.Murdok keeping a cinema company, TV company, cable network, their foreign subs and assets including 39% in Sky Plc.

"AK&M", 18:24, 11.07.2018 1251 AKM,COR,ECO0

 

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