Share

21st Century Fox wants Sky: offered 22 billion euros

After the news, the Sky stock gained 30% on the London stock exchange – Mediaset is also smiling at Piazza Affari.

21st Century Fox wants Sky: offered 22 billion euros

21st Century Fox, the television giant owned by James Murdoch, son of the more famous father Rupert, launches its assault on Sky, the pay TV controlled by the father who holds 39,1%. An all-in-the-family affair, but still in an absolutely embryonic stage: what is certain is that the offer has been launched: Murdoch jr's 21st Century Fox has made an offer to purchase Sky proposing the figure of 10,75, £18,5 per share in cash, less the value of any dividends subsequently paid by Sky. This corresponds to a valuation of 22 billion pounds, or almost XNUMX billion euros.

After the news Sky shares gained 30% on the London Stock Exchange. Sky has formed an independent committee of the Board to consider the terms of the proposal, while even in Italy someone is starting to celebrate: Mediaset today was the best stock of the Ftse Mib, moreover in sharp contrast with a Piazza Affari undermined by the banks. Alfa shares rose by 3,23% to 2,752 euros per share.

comments