You are here: Home » Reuters » News
Business Standard

EU regulators set to approve Comcast's bid for Sky: sources

Reuters  |  BRUSSELS 

(Reuters) - EU antitrust regulators are set to approve U.S. cable company Comcast's bid for European pay-TV company without demanding concessions, two people familiar with the matter said on Friday.

is battling Rupert Murdoch's Twenty-First Century Fox for The media mogul bid's to buy all of has been delayed by politicians and regulators worried about the power of the group.

The European Commission, which is scheduled to decide on Comcast's offer by June 15, did not respond to a request for email. It cleared without conditions Fox's bid for Sky in April last year. declined to comment.

(Reporting by Foo Yun Chee, additional reporting by in London; editing by Louise Heavens)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, June 08 2018. 23:07 IST
RECOMMENDED FOR YOU