Super Saturday? Sky awaits rare weekend auction

Sky is the final prize in a competition between Comcast and Walt Disney for the bulk of Rupert Murdoch’s media empire

21st September, 2018
Battle for Sky coming to a close. Pic: Getty

Britain’s Takeover Panel has laid out the guidelines for an auction of as many as three rounds on Saturday. Sky investors will have about two weeks to decide to tender their shares to whichever offer they consider superior.

Sky shares were little changed on Thursday at £15.80 after the move was announced, giving the company a market value of £27 billion. Sky is the final prize in a competition between Comcast and Walt...

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