Alerts in the last 24 hours

No Personalised Alerts!

To see personalised alerts you need to be logged in.

Log In

Sky PLC Add to portfolio

LON100:SKY, Aug 17, 03:51 UTC

Latest LON100:SKY News

Filter your feed

Apply Filter

Thursday, August 09


Social Chatter

Sky PLC (LON100:SKY) social chatter is higher than usual

SKY
These teddy bears at Cleveland HQ are hand knitted by the local community. They are given to children after inciden… https://t.co/i9Zb6gMneY

Tuesday, August 07


News

Fox Makes Its Formal Offer for Sky, But Doesn't Top Comcast - Sample Application

SKY CMCSA

21st Century Fox Inc., locked in a global M&A showdown with two other media giants, followed through on its bid to buy U.K. broadcaster Sky Plc, though it didn’t move to top a rival offer from Comcast Corp. The company formalized a previously announced bid of 14 pounds a share for the 61 percent of Sky that it doesn’t already own, according to a regulatory filing on Tuesday. It still has an opportunity to raise its bid above Comcast’s 14.75 pound-a-share price.

Read Full Details

Topics:
  • Business
  • Financial
News

21st Century Fox files papers for £24.5bn Sky offer

SKY

The takeover battle for Sky plc, the owner of Sky News, took another turn this evening when 21st Century Fox, one of the two companies vying for control of Europe's largest pay-TV broadcaster, posted its offer document. The move sets the clock ticking on Fox's offer for Sky under the City's takeover code. But Fox, which currently owns a 39.1% stake in Sky, did not - contrary to some expectations in the City and the media - increase its current £14-a-share offer. The US entertainment giant, whose current offer values the whole of Sky at £24.5bn, is fighting it out with Comcast, the US cable operator, for control of Sky. Fox's requirement for a higher level of acceptances will be regarded as risky in some quarters, because of the high proportion of hedge funds and other speculative buyers now owning its shares. But Fox insisted this evening that it reserved the right to reduce its acceptance condition from 75% of all shares owned by other investors to a simple majority - which would include its existing 39.1% stake.

Read Full Details

Topics:
  • Business
  • Financial

Friday, August 03


News

UK Takeover Panel confirms Walt Disney would have to offer at least 1,400p a share to buy satellite TV broadcaster Sky

SKY CMCSA +1 more SKY CMCSA DIS

Walt Disney Co. (NYSE:DIS) would have to offer at least 1,400p a share to buy satellite TV broadcaster Sky PLC (LON:SKY) the UK’s takeover regulator confirmed on Friday. The panel’s hearings committee subsequently examined that decision on July 27 after the regulator said that "various interested parties affected by the ruling" had asked for a review. However, Disney would only be forced to make such an offer if it completes a deal to buy Twenty-First Century Fox Inc's (NASDAQ:FOX) TV and film assets, which include a 39% stake in Sky, before either Fox or rival suitor Comcast Inc (NASDAQ:CMCSA) have managed to take control of the FTSE 100-listed broadcaster. The outcome of that bid battle is still in the balance, with Sky last month having agreed to a Comcast cash offer pitched at 1,475p per share, which trumped Sky’s previously agreed bid of 1,400p a share, an increase from its initial 1,075p a share offer pitched in December 2016 which became mired in a regulatory clearance battle only completed last month. In June, Disney launched a US$71.3bn offer for Twentieth Century Fox’s film and TV assets as well as the US cable networks and regional sports channels, trumping a US$65bn deal tabled by Comcast earlier that month.

Read Full Details

Topics:
  • Business
  • Financial
  • Entertainment
News

Comcast Doesn’t Have to Raise Its Sky Bid—at Least for Now

SKY CMCSA

Comcast Corp. won’t have to raise its offer for Sky Plc, at least not yet. A ruling from U.K. takeover authorities on Friday kept a floor price of 14 pounds per share for Sky, below the U.S. cable giant’s overall 26 billion pound ($34 billion) bid. Sky is part of a global M&A battle between Comcast and Disney for scale.

Read Full Details

Topics:
  • Business
  • Financial

Wednesday, August 01


Social Chatter

Sky PLC (LON100:SKY) social chatter is higher than usual

SKY
FULL STORY: fears about social care and social unrest revealed in pan UK Council Brexit impact studies obtained by… https://t.co/O42CMuxcJS

Tuesday, July 31


Social Chatter

Sky PLC (LON100:SKY) social chatter is higher than usual

SKY
Geraint Thomas, Tour de France hero, spoke exclusively to Sky News about how he became the first Welshman to win th… https://t.co/kbpjRHQ98f

Friday, July 27


News

Director Deals - Sky Plc (SKY)

SKY

Director Deals - Sky Plc (SKY). 27 July 2018 | 16:05pm. StockMarketWire.com - Tracy Clarke, Non Executive Director, bought 38 shares in the company on the 27th July 2018 at a price of 1514.50p. The Director now holds 5,098 shares representing 0.00% of the shares in issue. Story provided by StockMarketWire.com. Director deals data provided by www.sharesmagazine.co.uk. LATEST STOCK MARKET NEWS AND OFFERS. Get the latest stock market and investment news, market wraps, promotions and more! Latest share price and company details:. Sky (SKY) Share Price. 1,513.00p -2.00p ( -0.13 %) delayed: 19:05PM. Price delayed by 15 minutes.

Read Full Details

Topics:
  • Business
  • Financial

Thursday, July 26


Social Chatter

Sky PLC (LON100:SKY) social chatter is higher than usual

SKY
🎯 NINE DARTER 🎯 Gary Anderson strikes perfection at the #WorldMatchplay Gary Anderson v Joe Cullen now live on Sky Sports Action or follow here: https://t.co/Supcz9WGPn https://t.co/WYvWtHTUXU
News

Edited Transcript of SKY.L earnings conference call or presentation 26-Jul-18 7:30am GMT

SKY

Isleworth Middlesex Jul 26, 2018 (Thomson StreetEvents) -- Edited Transcript of Sky PLC earnings conference call or presentation Thursday, July 26, 2018 at 12:00:00pm GMT. In summary, it's been an exceptional year of progress here at Sky as we extend our position as Europe's leading direct-to-consumer media and entertainment business. We continue to be in a strong financial position with growth in underlying cash flow, good liquidity. And adjusting for the Sky Bet disposal, our leverage was down to 2.6x EBITDA, its lowest level since June 2016. So to conclude, we delivered a strong set of financial and operating results. I think, we've got the skills in place and the broader field of opportunity that really we've had to expose Sky as a brand and platform more widely. And I think, we've demonstrated that if we continue to give customers more of what they want, we'll deliver sustained growth in revenue and profits. So in summary, it's been, I think, a very strong year for Sky, with excellent results, good long-term prospects and a number of important building blocks now in place for the future. As we move to questions, I just need to remind you that we're currently subject to the provisions of the Takeover Code, so we hope you'll understand if we can't answer all of your questions quite as fully as you'd like to.

Read Full Details

Topics:
  • Business
  • Financial
  • Science