Black Friday Sale! Save huge on InvestingProGet up to 60% off

21st Century Fox notes previous talks on Sky assets, but no agreement reached

Published 12/05/2014, 07:55
Updated 12/05/2014, 08:16
BSBAy
-
AVA
-
TFCFA
-

LONDON (Reuters) - Rupert Murdoch's 21st Century Fox (O:FOXA) said on Monday that it had held numerous talks about combining the Sky-branded European satellite platforms in Britain, Germany and Italy, but it noted that no agreement had ever been reached.

"Over the years we've had numerous internal discussions regarding the organizational and ownership structure of the European Sky-branded satellite platforms," the company said in a statement.

"From time to time these conversations have included BSkyB, however no agreement between the parties has ever been reached."

Earlier on Monday, British Sky Broadcasting (L:BSY) said it was in early talks with 21st Century Fox over the possible acquisition of its pay-TV assets in Germany and Italy, Sky Deutschland (DE:SKYDn) and Sky Italia, confirming weekend reports.

(Reporting by Paul Sandle, Editing by Brenda Goh)

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.