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Fox’s Sky bid rises to £24bn

Fox’s Sky bid rises to £24bn

Fox’s Sky bid rises to £24bn

THE takeover battle for Sky intensified yesterday as Rupert Murdoch’s 21st Century Fox increased its offer to value the satellite broadcaster at £24.5billion. Fox, which already owns 39.1 per cent of the FTSE 100 company, has agreed to buy out the other shareholders at a price of £14-a-share.

Fox’s Sky bid rises to £24bn

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