Sky, Coca-Cola, Sorrell: Everything that matters this morning
Rivals cleared to buy Sky leading way for bidding war
The government has cleared two rival bids for Sky sparking the prospect of a multibillion-pound bidding war over the media company.
Matt Hancock, the culture secretary said yesterday that he would approve 21st Century Fox’s £18.5 billion bid for Sky if it sold Sky News to Disney, or another third party, and could ensure at least ten years of funding.
He also approved a proposed £22 billion takeover of Sky by Comcast, th
Read more »