21st Century Fox has confirmed that Sky will takeover offer worth $14.8 billion as Rupert
Murdoch plans to create a global media giant.
The Fox group said
“that it has reached agreement with Sky plc on the terms of a
recommended pre-conditional cash offer” to buy the rest of the European
pay broadcaster, beyond the 39 percent it already owns.
The deal is worth £10.75 ($13.40) per
Sky share, or $14.8 billion (14.2 billion euros ) in total for the cash
purchase, the statement said.
“As the founding shareholder of Sky, we
are proud to have participated in its growth and development,” the 21st Century Group added
0 comments:
Post a Comment