Apr 10 2017
Fox takeover of Sky gets European approval
The £11.7bn deal “raises no competition concerns”, the European Commission has decided. The European Commission has given its approval for 21st Century Fox to pursue its takeover of Sky plc, the owner of Sky News. Fox already owns a 39% controlling stake in Sky, but is bidding to buy the remainder of the company. The […]
Apr 24 2017
Sky-Fox inquiry extended until after UK election
UK culture secretary, Karen Bradley, has extended the investigation deadline for 21st Century Fox’s planned £11.7 billion takeover of Sky until after the UK general election. In a statement published Friday, Bradley said she had written to UK broadcast regulator Ofcom and the Competition and Markets Authority (CMA), extending the period within which they must […]
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By Expat • SKY, UK Media News • Tags: Competition and Markets Authority, Ofcom, Sky-Fox Inquiry, UK Culture Secretary