21st Century Fox bid values Sky at €21bn

21st Century Fox has offered to buy full control of Sky for $13.52 a share in cash in a deal that values the TV giant at roughly $23.2bn (€21.6bn), Sky disclosed yesterday.
21st Century Fox bid values Sky at €21bn
Sat, 10 Dec, 2016 - 00:00

Fox currently owns a 39% stake in the pay TV company which operates in the UK, Ireland, Germany, Austria, and Italy.

“Sky has received an approach from 21st Century Fox,” it said.

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BusinessSkyTVPlace: UKPlace: IrelandPlace: GermanyPlace: AustriaPlace: ItalyPerson: Ian WhittakerPerson: CEOPerson: James MurdochOrganisation: 21st Century FoxOrganisation: SkyOrganisation: FoxOrganisation: Morgan StanleyOrganisation: PJT PartnersOrganisation: BarclaysOrganisation: News CorpOrganisation: Liberum CapitalOrganisation: UK governmentOrganisation: Liberal DemocratOrganisation: Bloomberg
<p>Under the model, the HCCI said that home care referrals are issued simultaneously to all approved providers, who must respond immediately to secure the allocation.</p>

Home care firms want HSE to end home support allocation model

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