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Fox is preparing an improved application for Sky and wants to sidestep Comcast

11.07.2018 13:00:13

American multinational media holding 21st Century Fox is preparing a new application for the remaining 61 percent stake in Sky and wants to sidestep Comcast. The finversia.ru project writes that it is reported by Dow Jones with reference to the Financial Times. Unnamed sources told the Financial Times that the new application requires an estimate of the entire Sky at £25 billion and can be made as early as this week if an earlier Fox application for it is officially approved by the British government. Comcast, for its part, offered £12.5 for each Sky share, and also applied for the acquisition of Fox's entertainment assets, which included a 39 percent stake in Sky, which Fox agreed to sell to Walt Disney.

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Japan's export inactivity brings threat of longer economic slump at home and overseas

June had seen Japan’s exports recording a double-digit decline for four consecutive months. This suggests that the novel coronavirus pandemic tipped the world’s third-largest economy into its sharpest postwar slump, highlighting ...

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