Comcast Clears EU Hurdle in $29 Billion Bid for Sky

0 34

European Union regulators on Friday stated they gained’t object to cable large Comcast Corp.’s $29 billion bid for Sky PLC, clearing one other hurdle in what is anticipated to be a bidding conflict for the British pay-TV large with Walt Disney Co. and Rupert Murdoch’s 21st Century Fox Inc.

The Sky battle—which has performed out for months—extra not too long ago has been relegated to a facet skirmish in a a lot greater standoff between Disney and Comcast. Every are attempting to purchase an enormous chunk of Fox belongings. Disney and Fox agreed to a $52 billion inventory deal…



Supply hyperlink – https://www.wsj.com/articles/comcast-clears-eu-hurdle-in-29-billion-bid-for-sky-1529076176?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Your email address will not be published.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.