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Comcast to pay advisers as much as 243 million pound in fees for Sky takeover

Reuters  |  LONDON 

By Ben MartinLONDON (Reuters) - Comcast expects to pay the banks, law firms and other advisers on its 25.9 billion pound ($34.23 billion) bid for Sky as much as 243 million pounds if it wins the battle for the British broadcaster, the U.S. cable giant said on Friday.Sky is at the centre of a complex trans-Atlantic bidding war between Twenty-First Century Fox, Comcast and Walt Disney that will generate large fees for advisory firms working on all sides. Fox, which already owns 39 percent of Sky, and Comcast are fighting for control of the British pay-television group. At the same time, Comcast ...

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First Published: Fri, July 13 2018. 23:11 IST