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    Wednesday, February 27, 2019

    21st Century Fox americabid for Sky to £14 a percentage

    A Sky logo is pictured on a sign above the entrnce to pay-TV giant Sky Plc's headquarters in Isleworth, west London on March 17, 2017. A proposed multi-billion takeover bid for European pay-TV giant Sky by 21st Century Fox will be probed by media watchdog Ofcom and the Competition and Markets Authority, the government said late March 16. Media tycoon Rupert Murdoch's Fox announced in December it had reached a formal agreement to buy the 61-percent stake in Sky which it does not already own. / AF
    Symbol: Fox has agreed a deal to shop for Sky with the unbiased administrators of Sky %

    Rupert Murdoch's 21st Century Fox has raised its bid to shop for Sky to £14 a percentage, valuing the corporate at £24.5bn.

    Fox's new be offering tops a proposed deal from rival Comcast, which has introduced £12.50 a percentage. Additionally it is greater than the £10.75 Fox introduced in its first bid in December 2016 to shop for the 61% of Sky it doesn't already personal.

    The struggle to shop for Sky, the landlord of Sky Information, is a part of a larger contest between Comcast and Walt Disney to shop for portions of Mr Murdoch's empire.

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