Britain Unlikely to Review Comcast’s $30 Billion Sky Deal

0 14

LONDON—Britain is unlikely to open an antitrust assessment into Comcast Corp.’s $30 billion bid for U.Ok. pay-television firm Sky PLC, a senior authorities official mentioned Monday, eradicating a hurdle for the cable agency in a takeover battle that additionally contains 21st Century Fox Inc. and Walt Disney Co.

U.Ok. Tradition Secretary Matt Hancock mentioned he had advised each Comcast and Sky that he was “not minded to” intervene within the proposed merger. That wording, utilized by British politicians to point a possible consequence, isn’t binding. Mr. Hancock…



Supply hyperlink – https://www.wsj.com/articles/britain-unlikely-to-review-comcasts-30-billion-sky-deal-1526913369?mod=pls_whats_news_us_business_f

You might also like

Leave A Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.