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Comcast makes GBP 22 billion formal bid for Sky

Wednesday 25 April 2018 | 13:07 CET | News
Comcast has announced a formal takeover offer for UK broadcaster Sky at GBP 12.50 in cash per share, valuing the company at GBP 22 billion (USD 31 billion), in line with its preliminary approach in February. This represents a 16 percent premium to the offer from 21st Century Fox. As a result, Sky is withdrawing its recommendation of the Fox offer and terminating their co-operation agreement. 

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Categories: Broadcast & Satellite
Companies: 21st Century Fox / Comcast / Sky
Countries: United Kingdom
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If you think service is bad with Sky wait until you experience Comcast
Ross Vistaro @ 26/4/2018 - 11:57


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