Top-20 Sky investor Crispin Odey said he expects the bidding war for the media company to carry on over the summer and that the European broadcaster could be worth as much as 50 billion pounds.
A vote in Britain’s parliament on Wednesday closed the door for good on any chance of the country staying in the European Union, Trade Minister Liam Fox told a debate in Geneva.
Twenty-First Century Fox Inc said on Wednesday that Walt Disney Co has raised its offer for Fox assets to $38 per share, topping Comcast Corp’s $35 a share offer last week.
Fox board is set to decide whether to entertain Comcast $65 bn cash bid for New York-based media company or stick with its roughly $52 bn all-stock offer from Disney.
"We are here to look to the future and lay out our ambitions for a trading partnership that has the potential to shape the global economy."
Media company Comcast Corp’s record all-cash $65 billion (48.9 billion pounds) bid to buy Twenty-First Century Fox’s media assets.
Comcast offered $65 billion to lure Fox away from a merger with Disney, setting up a bidding war between two of the largest US media companies with its 20% higher offer.
At 9:55 am ET, the Dow Jones Industrial Average .DJI was up 3.68 points, or 0.01%, at 25,324.41, the S&P 500 .SPX was up 0.75 points, or 0.03%, at 2,787.60.
A court approval for AT&T’s $85 billion takeover of Time Warner lifted media and telecom shares on Wednesday, helping U.S. stock futures ahead of US Fed announcement.
As the countdown to the 2018 FIFA World Cup begins, football fans around the world can stay up to date with statistics, scores and updates on their favourite teams across all Apple devices.
Mulls 1:1 Bonus Share Issue
CITY UNION BANK
To Issue 1:10 Bonus Shares; Record Date At July 11
Approved Bonus Issue Of 1:2; Record Date At June 27
Arm Buys Under-Construction Asset For Rs 234 Cr In Indore At Auction
Brownfield Acquisition To Add Approx. 1.1 Mn Sq. Ft. To Co's Retail Portfolio
Co In Pact To Buy 95% Of Climate Tech Pty, Australia
Deal Size Stands At Rs 201-211 Cr In Valuation
JLR Investor Presentation:
Have Exciting Products, Plans In The Pipeline To Generate Sustainable Growth
Aiming For A 4-7% EBIT Margin Over Medium Term, Will Invest 4.5 Bn GBP In FY19-21
Aiming For A 7-9% EBIT Margin Over Long Term
Long Term Investment Pegged At 12-13% Of Revenue
Retail Volume Grew By 1.7% & Revenue Grew By 6% In FY18
Also Launched Jaguar I-Pace As Co's First All Battery Electric Vehicle
To Set Up 5 Lk KL/Annum Plant At Visakhapatnam For Rs 1,785 Cr
To Set Up 6 Lk KL/Annum Plant In Mysore For Rs 2,300 Cr
Co's International Business Did Not Perform Well In FY18
Economy & Inflated Currency Hit Co's Egyptian Operations
To Launch Generic Tadalafil After Filing ANDA With USFDA
Sterile Drug Product Manufacturing Facility In Bengaluru Receives EIR From USFDA
USFDA's Pre-Approval & Inspection Of Facility Done In April & May 2018
EIR Notifies That The Inspection Stands Closed
Co Committed To Global Standards Of Quality & Compliance
Dr Reddy's Loses Patent Case With Eli Lilly Over Alimta
Co Cannot Launch Its Alternative Salt Forms Until The Eli Lilly Patent Expires
The U.S. District Court For The Southern District Of Indiana Ruled In Favour Of Lilly
The Eli Lilly Patent Expires In May 2022