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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Sky | LSE:SKY | London | Ordinary Share | GB0001411924 | ORD 50P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 1,727.50 | 1,727.00 | 1,727.50 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From May 2019 to May 2024
By Adria Calatayud
The U.K.'s antitrust regulator has provisionally found the proposed acquisition of British pay-TV giant Sky PLC (SKY.LN) by 21st Century Fox Inc. (FOXA) isn't in the public interest due to plurality concerns.
The Competition and Markets Authority said Tuesday that if the deal went ahead as proposed, it would lead to the Murdoch Family Trust, which controls Fox and News Corp (NWS), increasing its influence over public opinion. News Corp owns Dow Jones.
21st Century Fox said that it was "disappointed" at the provisional ruling. The company said it will continue to engage with the CMA ahead of the publication of its final report on the deal, due in May.
Sky said it would seek submissions on possible remedies set out by the CMA regarding its plurality concerns.
Write to Adria Calatayud at adria.calatayudvaello@dowjones.com
(END) Dow Jones Newswires
January 23, 2018 03:00 ET (08:00 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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