Investments and investor services
Fox and Disney to sell shares in Sky to Comcast
Disney is to buy Fox's entertainment assets, including its stake in Sky, but has opted to sell this holding rather than remain a minority stakeholder
Company
Fox Corp
NASDAQ:FOXA
Fox Corp is a news, sports, and entertainment company. The company operates in three segments: Cable Network Programming, Television and Other, Corporate and Eliminations.
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ITV 'very sensible' at first investor day in 11 years, says Barclays as it cuts target price
Barclays maintained an ‘equal weight’ rating on ITV but cut its target price to 180p from 185p
Sky could be up for auction if Takeover Panel intervenes in Comcast-Fox bidding war
Comcast and Fox have been battling it out to secure ownership of Sky and have until September 22 to revise their current bids
Comcast extends offer period for Sky amid bidding war with Fox
The offer period for Comcast's bid to buy Sky will now remain open for acceptances until September 12
ITV joins Disney and Fox in backing new video streaming service for mobile phones
ITV joins Hollywood giants including Disney and 21st Century Fox, in backing the venture
Sky up as investors bet Comcast's raised bid won’t be the last move in the battle with Fox
In early morning trading on Thursday, Sky shares were 2% higher at 1,524p, comfortably above the agreed Comcast cash offer pitched at 1,475p per share, and Sky’s previously agreed bid of 1,400p a share
Comcast bids $34bln for Sky, tops Fox’s offer
Comcast announced its cash offer has been recommended by Sky’s independent committee of directors and that it has committed financing required for the deal.
FTSE 100 tumbles 1.3% lower as trade worries grip markets
The UK blue chip index dropped 100 points after the US said it was ready to impose tariffs on an extra US$200bn worth of Chinese goods
Investments and investor services
FTSE 100 closes higher but off 6,700
The UK blue-chip benchmark closed around four points higher at 7,692
Disney ups the ante as it bids US$71bn for 21st Century Fox
The House of Mouse looks to be the most likely new home for the maker of Family Guy
Comcast trumps Disney with US$65bn cash bid for chunk of 21st Century Fox's assets
The new offer eclipses Disney's US$52.4bln all-stock deal
H&R Block shares roll much lower in pre-market, but Twenty-First Century Fox leaps
Also in the frame before the bell were telecoms firms Comcast Corp and Chinese telecoms ZTE Corp
Comcast set to get 'unconditional' EU approval for Sky bid
The cable giant is reportedly offering US$31bn to buy the pay-TV channel while competing with Rupert Murdoch’s 21st Century Fox Inc
Comcast preparing 21st Century Fox bid, to top Walt Disney's US$52.4bn offer
In a statement following media reports, Comcast said: "Any offer for Fox would be all-cash and at a premium to the value of the current all-share offer from Disney"
Comcast's takeover bid for Sky receives boost from Culture Secretary
Britain’s culture secretary Matt Hancock said the proposed merger between Sky and Comcast "does not raise concerns in relation to public interest considerations"
Investments and investor services
FTSE 100 propelled to new record close as pound weakens and Dow Jones breaches 25,000
FTSE 100 reached a new record close on Monday after achieving it last time on Thursday
Sky deputy chairman to focus on broadcaster’s takeover as Glencore grants him leave of absence
Sky is in the middle of a complex takeover battle, with 21st Century Fox, Disney and Comcast all looking to acquire the broadcaster
Twenty-First Century Fox misses on fiscal 3Q earnings, beats on revenue helped by cable TV segment
The company is in the process of selling off many of its assets in a deal with The Walt Disney Co
Pre-Market Movers: Twenty-First Century Fox, Comcast, Zillow and Snap
A look at what's piquing investor interest before the opening bell on Wall Street
Comcast reportedly seeking support from banks to start a bidding war over 21st Century Fox assets
Rupert Murdoch may well like the idea of a bidding war for the assets he has agreed to sell to Walt Disney but as the Scots might say, Walt disnae ...