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Fox Takeover Of Sky Delayed By Culture Secretary
29 Jun, 2017 / 04:35 pm / Mahmoud

Source: http://www.campaignlive.co.uk

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Culture secretary Karen Bradley said she is "minded to" refer 21st Century Fox's takeover bid for Sky to the competition watchdog.
 

A decision was expected today on whether Bradley would wave through the £11.7bn deal for Rupert Murdoch's Fox to buy the 61% of Sky it does not own.

However, Bradley told the House of Commons this afternoon that there were "clear grounds" to refer the deal to the Competition and Markets Authority because of the Murdoch family's ability to influence the UK news agenda.

She said she was "minded to" refer the decision – a phrase she is required to use by legislation.

Ms Bradley will make a further decision on 14 July.

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