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Comcast bids to takeover Sky

The deal would value Sky at £22.1 billion (February 2018)

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OR
orange
Isn’t Comcast supposed to be awful too?
IS
Inspector Sands
ttt posted:

"Necessarily guaranteed" being the operative words in that post.

Yep, there's nothing to say Disney will want to buy the rest of Sky when they take over Fox. I'd have thought they'd have enough on their hands at first
Quote:
In any case, who is to say that Comcast won't simply buy a controlling stake.

They do. They're bidding to buy Sky Plc with at least 50% of the shares
Last edited by Inspector Sands on 27 February 2018 11:51am
IS
Inspector Sands

That would stop disney getting full control? and disney might have battle to come for years?

If Comcast Sky then Disney are out of the game when it comes to Sky. Unless Comcast put it up for sale in the future. Not that they'd necessarily want it

I think I'm right in saying that a takeover like that would take it off the stock market
Last edited by Inspector Sands on 27 February 2018 11:55am
TT
ttt
Quote:
In any case, who is to say that Comcast won't simply buy a controlling stake.

They do. They're bidding to buy the whole of Sky Plc


That might just be an opening shot though.
IS
Inspector Sands
ttt posted:

That might just be an opening shot though.

Sorry, just corrected my post, they're looking to buy at least 50%, so a bigger controlling share than Fox holds now
:-(
A former member
ttt posted:

That might just be an opening shot though.

Sorry, just corrected my post, they're looking to buy at least 50%, so more than Fox holds now


But its possible there wont buy fox share?
WH
whoiam989
If that happens, what will happen to Sky in Mexico and Brazil? Currently, they are owned by DirecTV (which is in turn owned by AT&T), and licenses the Sky brand from the British company. Will they have to rebrand once Comcast successfully take over Sky UK?
:-(
A former member
If that happens, what will happen to Sky in Mexico and Brazil? Currently, they are owned by DirecTV (which is in turn owned by AT&T), and licenses the Sky brand from the British company. Will they have to rebrand once Comcast successfully take over Sky UK?


Why? if it's good money companies will leave it in place.
NG
noggin Founding member
If that happens, what will happen to Sky in Mexico and Brazil? Currently, they are owned by DirecTV (which is in turn owned by AT&T), and licenses the Sky brand from the British company. Will they have to rebrand once Comcast successfully take over Sky UK?


If Comcast end up with both the Comcast and Sky brands, then I suspect a decision will be taken as to which is the most sensible to use in those markets. Given that Sky is the incumbent brand, it may be pointless to rebrand.
IS
Inspector Sands
But its possible there wont buy fox share?

Possible but unlikely, much easier to buy out the biggest shareholder as that's 30% in one go. Also Fox not selling would mean a shareholding and control of the company that's 50+% Comcast and 30% Fox, that's not ideal. And if Fox have refused to sell, then it's a hostile takeover
Last edited by Inspector Sands on 27 February 2018 4:11pm
:-(
A former member
Would Ofcom reject this offer?
HC
Hatton Cross
Ofcom can't 'reject' takeovers on the grounds of cost.

Ownership, plurality, broadcasting standards, empire building - yes.
Size of chequebooks - no.

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