We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for streaming realtime charts, analysis tools, and prices.
| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| News Corporation | ASX:NWS | Australian Stock Exchange | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.42 | 1.11% | 38.15 | 37.06 | 38.38 | 38.23 | 37.77 | 38.15 | 26,154 | 09:50:00 |
From May 2019 to May 2024
21st Century Fox Inc. is in late-stage discussions to buy Sky PLC, the U.K.'s market-leading pay-TV provider, as Fox moves to consolidate its holdings. Fox already owns about 39% of the company.
Sky said Friday that it reached a preliminary agreement for £ 10.75 per share in cash ($13.52) but that certain material offer terms remain under discussion. The roughly $15 billion offer was a 40% premium to Sky's Dec. 6 closing price. Its shares were recently up 32%.
If completed, the deal would value Sky at about £ 18.48 billion.
Rupert Murdoch and his family are major shareholders in both 21st Century Fox and News Corp., parent company of The Wall Street Journal.
News Corp. in 2011 dropped a bid to take full control of Sky amid a political firestorm ignited by reporting tactics at one of its U.K. newspaper titles.
Write to Austen Hufford at austen.hufford@wsj.com
(END) Dow Jones Newswires
December 09, 2016 12:05 ET (17:05 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
1 Year News Chart |
1 Month News Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
