In the continuing saga of USA media conglomerates battling over Sky of the United Kingdom, Comcast has fired the latest salvo in its hopes of gaining control of the company.
The picture is complicated by Disney's own bid for Fox's media assets, including Sky. Mr. Murdoch will be reluctant to part with the company he spent decades building and might want to hang on to Fox's 39 percent stake in case the wider Disney tie-up collapses. Now, Fox and Disney will likely revisit their bid amount to compete with Comcast as Fox said it remains committed to the takeover and is considering its options.
Shire board recommends £46bn takeover by Japanese drugmaker Takeda
Slaughters is acting for regular client Shire , with City corporate partners Martin Hattrell and Christian Boney at the helm. Since then it has grown rapidly through acquisitions to generate revenues of about $15.2 billion previous year .
After announcing its intention to make a £22 billion bid for Sky PLC past year, Comcast has now confirmed its interest in the United Kingdom media business. That is the price Comcast said it would offer when it announced its intention to bid for Sky in February.
Roberts said the combination would "fuel our ability to invest even further in innovation and drive more compelling financial returns". Nevertheless, investors who pushed Sky shares up 4 percent to £13.57 on Wednesday are wagering that Disney and Fox will disregard financial sense.
The royal baby as you haven't seen him before!
Prince George guided his little sister into the Lindo Wing by putting his hand on her shoulder as they walked down the corridor. The newborn Prince is now 5th in line to the throne, nestling in behind older siblings Princess Charlotte and Prince George .
Comcast (CMCSA) said Wednesday that adjusted first-quarter earnings were 62 cents a share, up 17% from a year ago, with revenue rising 11% to $22.79 billion, topping consensus estimates. The acquisition of Sky, he said, would increase the proportion of Comcast's revenues from outside the USA from 9% to 25%.
But British regulators aren't so keen on allowing Murdoch to buy the company, which would give him too much control of the United Kingdom media and is therefore "not in the public interest", the Competition and Markets Authority said earlier this year.
"The independent committee also welcomes the post-offer undertakings and commitments Comcast intends to give in relation to Sky's existing business including Sky News, and believes that these voluntary commitments should comprehensively address any potential public interest concerns". Its bid has been dogged by a long-running regulatory review in Britain.
Maternal caffeine intake associated with excess infant growth, overweight
Previous research has linked caffeine intake to a heightened risk of miscarriage and restricted foetal growth. At age 3 years and 5 years, any in utero exposure to caffeine was associated with higher risk of overweight.