Rupert Murdoch confirms £11.7bn Sky bid

Mogul needs regulators to approve deal, which will give him full control of pay-TV operations in UK, Germany and ItalyRupert Murdoch’s 21st Century Fox has formally lodged its £11.7bn bid to take full control of Sky, as minority shareholders call for transparency on how the pay-TV company’s independent directors came to accept the offer.Murdoch will now need to gain regulatory approval for the deal, which values Sky at more than £18bn, which will give him control of pay-T