21CF Announces Lapse Of Its Offer For Sky - Quick Facts

(RTTNews) - Twenty-First Century Fox Inc (FOX, FOXA) announced it has failed to satisfy its Acceptance Condition and the Group's offer for Sky has now lapsed and is no longer capable of acceptance. On 26 September 2018, Twenty-First Century Fox, Inc. announced that it intended to sell its shareholding in Sky plc to Comcast Corp. and lapse its offer for Sky on 6 October 2018.

As of 6 October 2018, 21CF had received valid acceptances of its offer for Sky in respect of 1,024,708 Sky Shares representing approximately 0.05 percent of the issued share capital of Sky.