Friday 17 November 2017

Rupert Murdoch's Sky takeover to be examined by regulators

News Corporation CEO Rupert Murdoch. Photo: AP
News Corporation CEO Rupert Murdoch. Photo: AP
Independent.ie Business Desk

Independent.ie Business Desk

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.

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