Sky has revealed boss Jeremy Darroch landed almost £5 million in pay and bonuses for the past year just weeks after he scooped a near-£40 million windfall following the Comcast takeover.
Sky chairman James Murdoch has resigned from the broadcaster as US cable giant Comcast took control of the British firm.
US cable group Comcast has confirmed an agreement to buy 21st Century Fox’s 39% stake in Sky for £11.6 billion after emerging victorious in the takeover for the pay TV giant.
Rupert Murdoch’s 21st Century Fox is to sell its 39% stake in broadcaster Sky to Comcast.
Comcast has snapped up more than 30% of Sky shares on the open market after emerging victorious in a bidding war with Fox for the British broadcaster.
Comcast has snapped up 29% of Sky shares on the open market after emerging victorious in a bidding war with Fox for the British broadcaster.
Comcast has won the long-running battle for control of Sky after beating Fox with a £30 billion bid for the broadcaster.
The battle to seize control of Sky will be settled in a quick-fire auction finishing on Saturday night, with 21st Century Fox and Comcast slugging it out in a weekend bidding war.
The FTSE 100 enjoyed another day in positive territory on Thursday as it took its cue from across the pond, where US markets hit record highs.
The long-running bidding battle for Sky will be decided in a quick-fire auction finishing on Saturday night, Britain’s Takeover Panel has announced.
The long-running takeover battle for Sky could end up going to a sealed bids auction if Comcast and Rupert Murdoch’s 21st Century Fox do not give their final offers by the end of next week.