Sky shareholders including 21st Century Fox are likely to accept Comcast's bid for the European pay-TV broadcaster after Comcast outbid rival Fox in an auction last weekend, says Liberum Capital

Market news

24 September 2018

Sky shareholders including 21st Century Fox are likely to accept Comcast's bid for the European pay-TV broadcaster after Comcast outbid rival Fox in an auction last weekend, says Liberum Capital

Comcast's $38.8 billion offer, euivalent to 1,728 pence ($22.60) a share, easily trumped Fox's highest bid of 1,567p after three rounds of bidding Saturday

Germany: IFO - Business Climate, September 103.7 (forecast 103.2)

Futures: DAX -0,3% FTSE -0,1% CAC 40 -0,2%

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