Rupert Murdoch

Sky expands against backdrop of takeover battle finale


LONDON Sky posted double-digit earnings growth after it added another 500,000 customers in its latest financial year, showing why Comcast and Rupert Murdoch's Fox are slugging it out to buy the European pay-TV leader.

British regulator sets 14 pound floor under Sky shares

LONDON Britain's takeover regulator has decided that Disney must offer 14 pounds a share for Sky if it succeeds in buying Rupert Murdoch's Twenty-First Century Fox, in a key ruling in the takeover battle for the broadcaster.

Business, Deals, 13 Jul 2018

Sky shares leap as Comcast and Fox lock horns in bid battle

LONDON Sky shares leapt to an 18-year high on Thursday as investors bet a transatlantic battle for the European pay-TV group had further to run, after Comcast's $34 billion bid trumped an offer from Rupert Murdoch made just hours earlier. | Video

Business, Deals 12 Jul 2018

Comcast raises bid for Sky to $34 billion, tops Fox's offer

LONDON Comcast Corp on Wednesday raised its all-cash offer for Britain's Sky to $34 billion, topping a raised bid of $32.5 billion for the pay-TV group from Rupert Murdoch's Twenty-First Century Fox . | Video

Business, Deals, 12 Jul 2018

Global M&A hits historic high with media deal wave

NEW YORK/LONDON Deals involving media companies, including the bidding war for Rupert Murdoch's Twenty-First Century Fox, helped drive worldwide merger and acquisition activity to new highs in the first half of 2018, according to the latest Thomson Reuters Deals Intelligence data. | Video

Top News, Business, 29 Jun 2018

Britain clears way for Murdoch to battle Comcast for Sky

LONDON Rupert Murdoch faces a 22 billion pound ($29.3 billion) fight with U.S. cable company Comcast for European pay-TV company Sky after Britain cleared his bid providing he sells off its TV news business. | Video

Tech, Business, Deals, 06 Jun 2018

Britain to rule on Rupert Murdoch's bid for Sky on Tuesday

LONDON Britain will give its verdict on Rupert Murdoch's pursuit of Sky later on Tuesday, potentially paving the way for the mogul's Twenty-First Century Fox to go head-to-head with rival Comcast Corp for the European pay-TV group.

Business, Deals, 05 Jun 2018

Thomson Reuters expects higher 2018 costs, shares drop

Thomson Reuters Corp forecast its corporate costs would more than double for the year but revenue would only increase modestly. The prediction sent shares of the news and information company down 4 percent as investors fretted about earnings growth after it completes a plan to sell a majority stake in its largest unit.

Business, 11 May 2018

Comcast races to secure regulatory, political approval for Sky deal

LONDON U.S. group Comcast stepped up its push to buy European pay-TV group Sky on Tuesday, seeking regulatory and political approval even as it manoeuvres for a broader deal with bid rival, Rupert Murdoch's Fox.

Business, Deals, 08 May 2018

Britain to rule on Murdoch's Sky bid by June 13

LONDON The British government will give its verdict on Rupert Murdoch's 18-month pursuit of Sky by June 13, potentially paving the way for the mogul's Fox to take on Comcast in the battle for the British TV group.

Business, Deals, 01 May 2018