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Government clears way for Fox's Sky bid

2018-06-05 15:43:30| BBC News | Business | UK Edition

The government will let Fox take over Sky if it sells Sky News, setting up a bid battle with Comcast.

Tags: government bid sky clears


UK gives conditional approval to Sky's takeover by Fox, says Comcast's bid presents no problems

2018-06-05 15:43:00| Telecompaper Headlines

(Telecompaper) In a series of tweets, UK Culture Secretary Matt Hancock said it would not block the takeover of Sky, owner of Sky News, by 21st Century Fox. Hancock said divesting Sky News to Disney as proposed by Fox would be the most appropriate remedy to allay public interest concerns. Regarding Comcasts latest bid for Sky, the secretary said this did not raise any public interest concerns and that he does not intend to stop any possible transaction. Sky News reported Hancock adding that any deal would have to guarantee the financial viability and independence of Sky News over the long-term.

Tags: no problems bid approval


CYBG improves bid for Virgin Money

2018-06-03 22:33:39| BBC News | Business | UK Edition

The owner of Clydesdale and Yorkshire Banks says it will create the UK's largest challenger bank.

Tags: money bid virgin improves


ZTE replaces senior executive in a bid to strike new deal with the US

2018-05-31 02:00:00| Total Telecom industry news

Chinese smartphone and telecoms kit manufacturer, ZTE, has replaced one of its most senior executives, according to a Bloomberg report…read more on TotalTele.com »

Tags: the with us deal


Comcast in 'advanced stages' of 21st Century Fox bid

2018-05-24 02:33:37| BBC News | Business | UK Edition

The US cable TV giant considers a takeover offer, setting up a potential bidding war with Disney.

Tags: advanced century bid fox


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