TWISTS AND TURNS IN THE TV TAKEOVER DRAMA
June 2010 Rupert Murdoch’s News Corporation launches a £12 billion takeover offer for BSkyB but is forced to abandon the bid a year later following the News of the World hacking scandal.
December 2016 21st Century Fox – which was demerged from News Corporation following the hacking affair – launches an £18.5billion to buy the 61 per cent of Sky it doesn’t own.
February 2018 Comcast launches a £22 billion counter takeover proposal for Sky.
July 2018 21st Century Fox raises its offer to £24.5billion. In the same month, Comcast responds with £26billion bid.
September 22 Comcast makes the best offer of £30billion in dramatic Takeover Panel auction, while 21st Century Fox’s final bid comes in at £27 billion.