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Britain clears Fox bid for Sky if it sells Sky News

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Reuters LONDON

LONDON (Reuters) - Britain cleared Rupert Murdoch's bid to buy Sky on Tuesday so long as Sky News is sold, paving the way for the mogul's Twenty-First Century Fox to go head-to-head with rival Comcast Corp for the European pay-TV group.

Addressing Comcast's bid for Sky, Culture Secretary Matt Hancock said he would not intervene in the bid.

(Reporting by Paul Sandle, writing by Alistair Smout; editing by Stephen Addison)

 

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First Published: Jun 05 2018 | 6:49 PM IST

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