Betaville Intelligence

RARE ALERT: Comcast said to ...

Thursday, 20 September 2018, 9:42 am

Comcast, the US cable company, is this week said to have approached some of Sky's largest shareholders about buying their shares to build a substantial stake in the London-listed broadcaster.

Comcast's advisers at Bank of America Merrill Lynch have been in touch with some of Sky's largest shareholders to informally sound them out about whether they might be interested in selling their large stakes in one block either before or after this weekend's sealed bid auction process with 21st Century Fox, said sources claiming to be familiar with the situation...


Register for free to see rest of this article and all public articles from Betaville

Login / Register
Tags: Comcast

[Disclaimer - the information on Betaville does not consitute any form of investment recommendation and is not intended to be relied upon by readers in making, or refraining from, any investment decisions].

Post Comment