Sky takeover: Murdoch must offload Sky News to get green light

UK government conditionally clears Fox and Comcast offers, setting up bidding war

The UK government has cleared the way for Rupert Murdoch’s 21st Century Fox to buy Sky on the condition it sells Sky News to another organisation.

It also approved a rival bid for the British broadcaster from US media giant Comcast, setting up a multibillion-pound bidding war.

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