Uk Takeover Panel Rules Disney Must Offer To Buy All Of Sky


LONDON – Britain’s takeover regulator ruled on Thursday that Walt Disney (DIS.N) must make an offer for the whole of European pay-TV company Sky if it succeeds in buying Twenty-First Century Fox assets, including its 39 percent stake in Sky.

The Takeover Panel also said Disney must match Fox’s 10.75 pounds-a-share offer for the shares in Sky it does not already own.

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