March 15, 2018 / 2:56 PM / 9 months ago

Sky agrees to share information relevant to Fox-Disney deal

The Sky News logo is seen on the outside of offices and studios in west London, Britain June 29, 2017. REUTERS/Toby Melville

LONDON (Reuters) - Sky SKYB.L, the European pay-TV group at the centre of a takeover battle, said on Thursday it had entered into a confidentiality agreement with suitor Rupert Murdoch’s Twenty-First Century Fox (FOXA.O) and Walt Disney (DIS.N).

The agreement, which is required under UK takeover rules, will allow Sky to disclose information to the two companies that could be relevant in Disney’s separate attempt to buy Fox assets, including its stake in Sky.

U.S. cable company Comcast CMCSA. gatecrashed Fox’s agreed offer for Sky with a rival $31 billion (22.21 billion pounds) bid last month.

Reporting by Paul Sandle; editing by Kate Holton

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