- Start
- Sep 22, 201890% CONFIDENCEfrom the source
Comcast Wins the Auction for Sky With a 17.28 Pound Per Share Bid
- Comcast won the auction for Sky with an offer of 17.28 pounds a share, ahead of 21st Century Fox's 15.67 pounds, implying a value of 30.6 billion pounds for Sky's fully diluted share capital[1]
- The UK Takeover Panel had ordered the blind auction on 20 September 2018 to resolve the competing bids, ending 21 months of uncertainty over Sky's ownership[1][2]
- The AP reported Comcast emerged as top bidder for the European broadcaster with a roughly US$39 billion bid[3]
- Brian Roberts called it "a great day for Comcast" and said the deal would let Comcast grow its customer base and expand internationally, targeting completion before the end of October 2018[1]
- Fox then agreed to sell its Sky stake to Comcast (completed 4 October 2018), and Comcast acquired the remaining shares and delisted Sky on 7 November 2018[2]
References 388% CONFIDENCEOverall confidence: 88%How well the pin's source and references back up its dates.Weighted average of how firmly 3 references, the source included, support the pin's start and end times; a reference counts half as much for every 180 days older than the newestShow all pins at 75% confidence or better
The first entry is always the pin's source. Overall confidence is a weighted average of how firmly each reference supports the start and end times used above; a reference counts half as much for every 180 days older than the newest.
- [1]90%advanced-television.com/2018/09/24/128593advanced-television.com· Posted Oct 4, 2026· Starts Sep 22, 2018 ✓· 50% of score
The UK Takeover Panel called the auction for 22 September 2018 (Advanced Television, 24 Sep 2018); the Associated Press story "Comcast beats Fox in Sky auction" is stamped Sat, September 22, 2018.
- [2]85%Sky Group - Wikipediaen.wikipedia.org· Added Oct 4, 2026· 50% of score
Opened: auction date, Fox sale 4 Oct 2018, delisting 7 Nov 2018.[1]
- [3]88%Comcast beats Fox in Sky auction with $39B bid - Associated Presscbsaustin.com· Published Sep 22, 2018· 0% of score
Opened: AP story of the auction result.[1]
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