20.09.2018 16:13:17
|
Comcast, Fox Bidding War For Sky To End In Auction
(RTTNews) - The takeover battle by Comcast Corp. (CMCSK, CMCSA) and Rupert Murdoch's 21st Century Fox Inc. (FOX, FOXA) for British broadcaster Sky plc (BSY.L, SKY.L) will be settled through an auction.
The UK Takeover Panel said Thursday that an auction procedure is expected to commence on the evening of Friday, September 21, 2018 and end on the evening of September 22, 2018.
The winner of the auction, after a maximum of three rounds, will be announced on Saturday. However, it is very rare to settle a takeover of a high-profile public company through a takeover auction.
In the first round, only the offeror with the lowest offer as at the commencement of the auction may make an increased bid. In this case, 21st Century Fox can make an increased bid for Sky.
In the second round, Comcast, which was not eligible to make a bid in the first round, can make an increased bid for Sky.
If the auction procedure has not concluded after the second round, a final round will be held, in which both offerors may make an increased bid.
Sky has a market capitalization of 27 billion pounds, or about $36 billion. 21st Century Fox already owns a 39 percent stake in Sky.
In July, Comcast increased its cash offer for Sky to 26 billion pounds, or about $34 billion. The move by Comcast came less than a day after 21st Century Fox increased its offer to 24.5 billion pounds, or about $32.5 billion.
If Fox emerges as the winner in the Sky auction process, it would also mean Walt Disney Co. (DIS) could gain control over Sky. Disney has already agreed to acquire certain assets of Fox, including its stake in Sky.
The UK Takeover Panel noted that Sky, Comcast, Fox and Disney have agreed to the terms of the auction procedure.
![](https://images.finanzen.at/images/unsortiert/wertpapierdepot-absichern-aktienchart-boerse-750493204-260.jpg)
Wenn Sie mehr über das Thema Aktien erfahren wollen, finden Sie in unserem Ratgeber viele interessante Artikel dazu!
Jetzt informieren!
Nachrichten zu Walt Disneymehr Nachrichten
19.02.25 |
NYSE-Handel Dow Jones am Mittwochmittag leichter (finanzen.at) | |
18.02.25 |
Minuszeichen in New York: Dow Jones zum Handelsstart schwächer (finanzen.at) | |
17.02.25 |
Dow Jones 30 Industrial-Wert Walt Disney-Aktie: So viel Verlust hätte eine Walt Disney-Investition von vor 3 Jahren eingebracht (finanzen.at) | |
11.02.25 |
Disney cuts diversity category from executive pay scheme (Financial Times) | |
11.02.25 |
Börse New York: Dow Jones zeigt sich fester (finanzen.at) | |
11.02.25 |
Schwache Performance in New York: Dow Jones zum Handelsstart in Rot (finanzen.at) | |
10.02.25 |
Börse New York: Dow Jones schlussendlich fester (finanzen.at) | |
10.02.25 |
NYSE-Handel: Dow Jones steigt am Montagnachmittag (finanzen.at) |
Analysen zu Walt Disneymehr Analysen
07.08.24 | Walt Disney Kaufen | DZ BANK | |
07.08.24 | Walt Disney Buy | UBS AG | |
25.06.24 | Walt Disney Buy | Goldman Sachs Group Inc. | |
07.05.24 | Walt Disney Kaufen | DZ BANK | |
27.03.24 | Walt Disney Buy | UBS AG |
Aktien in diesem Artikel
Comcast Corp. (Class A) | 34,74 | -0,97% |
|
Walt Disney | 106,76 | 2,34% |
|