Britain clears Fox bid for Sky if it sells Sky News

Britain clears Fox bid for Sky if it sells Sky News

FILE PHOTO: Tennis - US Open - Mens Final - New York, U.S. - September 10, 2017 - Rupert Murdoch, Chairman of Fox News Channel stands before Rafael Nadal of Spain plays against Kevin Anderson of South Africa. REUTERS/Mike Segar
LONDON: Britain cleared Rupert Murdoch's bid to buy Sky on Tuesday so long as Sky News is sold, paving the way for the mogul's Twenty-First Century Fox to go head-to-head with rival Comcast Corp for the European pay-TV group.Addressing Comcast's bid for Sky, Culture Secretary Matt Hancock said he would not intervene in the bid.
(Reporting by Paul Sandle, writing by Alistair Smout; editing by Stephen Addison)
Source: Reuters
 Source : http://www.channelnewsasia.com/news/business/britain-clears-fox-bid-for-sky-if-it-sells-sky-news-10385900