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