The UK’s Culture Secretary Karen Bradley said that she had asked regulators to examine Rupert Murdoch’s 21st Century Fox’s planned takeover of Sky..
Earlier this month, Mr Murdoch’s company formally notified the European Commission that it is bidding almost £12bn for the European pay-TV company.
At the time, Mr Bradley said that she had “concerns that there may be public interest considerations … that warrant further investigation” before the deal is recommended.
More to follow...
Media & Marketing
The recent decision by Sky to back the £11.2bn (€13.1bn) bid by Rupert Murdoch's 21st Century Fox for the 39pc stake it did not already own in the company, rounded off what was a big year for merger and acquisition (M&A) activity in the global media industry.