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Comcast launches rival bid for Sky, beating Fox offer

2018-02-27 08:39:00| Telecompaper Headlines

(Telecompaper) US-based Comcast has announced that it's considering a takeover bid worth GBP 22.1 billion for European pay-TV group Sky, beating the earlier offer from Sky's largest shareholder, 21st Century Fox. Comcast would offer GBP 12.50 per share cash, a 16 percent premium to Fox's bid of GBP 10.75. 

Tags: offer bid fox sky

Category:Telecommunications

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