Advertisement
Australia markets closed
  • ALL ORDS

    8,065.50
    +113.20 (+1.42%)
     
  • AUD/USD

    0.6598
    -0.0028 (-0.42%)
     
  • ASX 200

    7,793.30
    +110.90 (+1.44%)
     
  • OIL

    78.57
    +0.09 (+0.11%)
     
  • GOLD

    2,326.60
    -4.60 (-0.20%)
     
  • Bitcoin AUD

    96,480.21
    -829.57 (-0.85%)
     
  • CMC Crypto 200

    1,367.82
    +2.69 (+0.20%)
     

Sky says received takeover bid from 21st Century Fox

Sky broadcasts the 24-hour Sky News channel, blockbuster movies and English Premier League football, and also provides Internet and telephone services

European pay-TV broadcaster Sky said Friday it has received an informal takeover approach from US media-entertainment giant 21st Century Fox which values it at £18.5 billion ($23.4 billion, 21.8 billion euros).

London-listed Sky said in a statement it had "reached agreement" with 21st Century Fox on a price of £10.75 per share, but there was no certainty that a firm offer will be made. Fox already owns 39 percent of Sky.