US media giant Comcast last night beat rival 21st Century Fox in the fight for Sky with a secret £30billion bid.
It offered a £17.28 share price for the British TV broadcaster against Fox’s £15.67 in a sealed auction.
The deal will spark the largest takeover seen in Europe’s media industry.
Comcast will now become the biggest pay-TV provider in the world, with around 52million customers.
UK regulator The Takeover Panel set up the auction to end a transatlantic bidding battle which has waged since February.
Comcast initially gatecrashed a takeover of Sky from Fox, which already owns 39 per cent of the company.
The auction began on Friday after the London stock market closed — and went the maximum three rounds.
The result is a setback for US entertainment giant Walt Disney, which would have taken ownership of Sky if Fox won.
It agreed a separate £54billion deal to buy the bulk of Fox’s film and TV assets, including the Sky stake, in June.
Sky is Europe’s largest pay-TV operator, with 23million customers in seven countries.
Shareholders will still have to vote on the deal but its independent directors are expected to recommend Comcast’s bid.
Comcast chief executive Brian Roberts hailed a “great day”, adding: “We couldn’t be more excited by the opportunities in front of us.”
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Sky chief Jeremy Darroch said: “Sky has never stood still, and with Comcast our momentum will only increase.”
Rupert Murdoch, chairman of News Corp, owner of The Sun, is also co-chairman of 21st Century Fox, with son Lachlan.
His son James is chief exec of 21st Century Fox and Sky chairman.
Linkhttps://textbacklinkexchanges.com/us-media-giant-comcast-beats-rival-21st-century-fox-with-30billion-secret-bid-for-sky/
News Pictures US media giant Comcast beats rival 21st Century Fox with £30billion secret bid for Sky
You don’t have to pack away your bikini just because you’re the wrong side of 20. These body-beautiful stars reveal their secrets to staying in shape and prove you can smoulder in a two-piece, whatever your age. Read on and be bikini inspired!
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Hayden Panettiere
Size: 8
Age: 18
Height: 5ft 1in
Weight: 8st
To achieve her kick-ass figure, Hayden – who plays cheerleader Claire Bennet in Heroes – follows the ‘quartering’ rule. She eats only a quarter of the food on her plate, then waits 20 minutes before deciding whether she needs to eat again.
Hayden says: “I don’t have a model’s body, but I’m not one of those crazy girls who thinks that they’re fat. I’m OK with what I have.”
Nicollette says: “I don’t like diets – I see it, I eat it! I believe in eating healthily with lots of protein, vegetables and carbs to give you energy.”
kim cattrall
Size: 10-12
Age: 52
Height: 5ft 8in
Weight: 9st 4lb
SATC star Kim swears by gym sessions with Russian kettle bells (traditional cast-iron weights) and the South Beach Diet to give her the body she wants. To avoid overeating, Kim has a radical diet trick – squirting lemon juice on her leftovers – so she won’t carry on picking.
Kim says: “I am no super-thin Hollywood actress. I am built for men who like women to look like women.”
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