Decision close on Fox's Sky takeover plan

Tom MarkLast Update : Tuesday 20 June 2017 - 3:58 PM
Decision close on Fox's Sky takeover plan

Culture Secretary Karen Bradley has said she will decide by 29 June whether or not to approve 21st Century Fox’s proposed takeover of Sky.

Ms Bradley had asked regulator Ofcom to decide if the deal was in the public interest, especially in the areas of media plurality and commitment to broadcasting standards.

Fox wants to buy the 61% stake in the broadcaster that it does not already own.

Opponents have given evidence to Ofcom.

Source: business

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2017-06-20 2017-06-20
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Tom Mark