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Dec 15 2016
Sky and 21st Century Fox agree £18.5bn takeover deal
Broadcaster Sky and 21st Century Fox have reached agreement on the terms of a takeover deal. Rupert Murdoch’s 21st Century Fox will pay £11.7bn for the 61% stake it does not already own. Sky shareholders will receive £10.75 in cash for each share, valuing the entire company at £18.5bn. The deal comes amid concerns that […]
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By Expat • SKY • Tags: 21st Century Fox, Ofcom, Rupert Murdoch, Sky Takeover