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Sky PLC (SKYB.L)

SKYB.L on London Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Comcast Expects To Close Sky Deal Before 2018-End After EC Clearance
Friday, 15 Jun 2018 

June 15 (Reuters) - Comcast Corp ::UPDATE ON COMCAST'S SUPERIOR CASH OFFER FOR SKY.EUROPEAN COMMISSION HAS CLEARED UNCONDITIONALLY COMCAST-SKY ACQUISITION UNDER EU MERGER REGULATION FOLLOWING ITS PHASE I REVIEW.COMCAST SAYS EXPECTS TO COMPLETE SKY ACQUISITION BEFORE END OF 2018.  Full Article

Sky Plc Says Notes Annoucement By UK's Secretary of State For DCMS
Monday, 21 May 2018 

May 21 (Reuters) - Sky Plc ::RESPONSE TO DCMS ANNOUNCEMENT ON COMCAST OFFER.NOTES ANNOUNCEMENT BY SECRETARY OF STATE FOR DCMS THAT HE IS NOT MINDED TO INTERVENE ON PUBLIC INTEREST GROUNDS IN RELATION TO COMCAST'S OFFER FOR SKY.SECRETARY OF STATE HAS NOT REACHED A FINAL DECISION.BEFORE REACHING A FINAL DECISION, SECRETARY OF STATE WILL CONSIDER FURTHER REPRESENTATIONS, WHICH ARE TO BE PROVIDED BY THURSDAY 24 MAY.  Full Article

Glencore Says Sky Deputy Chair Martin Gilbert Granted Leave Of Absence As Director Until Mid-Oct.
Wednesday, 16 May 2018 

May 16 (Reuters) - Glencore PLC ::BOARD UPDATE.GRANTED TO MARTIN GILBERT A LEAVE OF ABSENCE AS DIRECTOR UNTIL MID-OCTOBER 2018.DURING THIS PERIOD PATRICE MERRIN, INDEPENDENT NON- EXECUTIVE DIRECTOR, WILL REPLACE HIM ON COMPANY'S AUDIT AND REMUNERATION COMMITTEES..  Full Article

21st Century Fox Reports Q3 EPS From Cont Ops $0.47
Wednesday, 9 May 2018 

May 9 (Reuters) - 21St Century Fox ::TWENTY-FIRST CENTURY FOX INC - CABLE NETWORK PROGRAMMING QUARTERLY SEGMENT OIBDA INCREASED 16% COMPARED TO PRIOR YEAR QUARTER TO $1.68 BILLION.REPORTS THIRD QUARTER INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAX EXPENSE OF $1.33 BILLION AND TOTAL SEGMENT OPERATING INCOME BEFORE DEPRECIATION AND AMORTIZATION OF $1.89 BILLION.Q3 EARNINGS PER SHARE $0.47 FROM CONTINUING OPERATIONS.Q3 REVENUE $7.42 BILLION VERSUS I/B/E/S VIEW $7.4 BILLION.Q3 ADJUSTED EARNINGS PER SHARE $0.49 FROM CONTINUING OPERATIONS EXCLUDING ITEMS.Q3 EARNINGS PER SHARE VIEW $0.53 -- THOMSON REUTERS I/B/E/S.TWENTY-FIRST CENTURY FOX INC - TELEVISION REPORTED QUARTERLY SEGMENT OIBDA OF $78 MILLION, A DECREASE OF $112 MILLION COMPARED TO PRIOR YEAR QUARTER.TWENTY-FIRST CENTURY FOX INC - FILMED ENTERTAINMENT GENERATED QUARTERLY SEGMENT OIBDA OF $286 MILLION, A 23% DECREASE.TWENTY-FIRST CENTURY FOX - CURRENT QUARTER'S SEGMENT OIBDA REFLECTS AN APPROXIMATE $60 MILLION CHARGE.TWENTY-FIRST CENTURY FOX INC - ANTICIPATES REGULATORY APPROVAL OF SKY TRANSACTION BY EARLY SUMMER 2018.TWENTY-FIRST CENTURY FOX INC - REMAINS COMMITTED TO ITS OFFER FOR SHARES OF SKY WHICH CO DOES NOT ALREADY OWN AND IS CURRENTLY CONSIDERING OPTIONS.TWENTY-FIRST CENTURY FOX - HIGHER COMPENSATION EXPENSE IN QUARTER RELATED TO DISNEY, NEW FOX DEALS INCLUDED IN OTHER, CORPORATE & ELIMINATIONS SEGMENT.  Full Article

Comcast Announces Full Terms Of Post-Offer Undertakings
Tuesday, 8 May 2018 

May 8 (Reuters) - Comcast Corp ::ADOPTION OF POST-OFFER UNDERTAKINGS AND COMCAST COMMITMENTS BY WAY OF DEED POLL.FULL TERMS OF CERTAIN LEGALLY BINDING POST-OFFER UNDERTAKINGS AGREED WITH PANEL AND ARE CONDITIONAL ON OCCURRENCE OF EFFECTIVE DATE.ALSO INTENDING TO GIVE CERTAIN LEGALLY BINDING COMMITMENTS BY WAY OF DEED POLL.THROUGHOUT PERIOD OF FIVE YEARS FROM EFFECTIVE DATE, COMCAST UNDERTAKES TO PROCURE, AND SKY UNDERTAKES, SKY SHALL MAINTAIN UK HQ IN OSTERLEY.COMCAST AND SKY UNDERTAKES TO PROCURE, NO LATER THAN THREE MONTHS AFTER EFFECTIVE DATE, SKY SHALL ESTABLISH "EDITORIAL BOARD" FOR SKY NEWS.CONFIRMS WILLINGNESS TO PROVIDE FOR RELEVANT REGULATOR TO BE A BENEFICIARY OF SKY NEWS BINDING COMMITMENTS IN SAME WAY AS SKY NEWS BOARD.  Full Article

Elliott Capital Reports Marginally Higher 3.2522 Pct Stake In Sky - Filing
Monday, 30 Apr 2018 

April 30 (Reuters) - :ELLIOTT CAPITAL ADVISORS REPORTS MARGINALLY HIGHER 3.2522% STAKE IN SKY PLC - REGULATORY FILING.  Full Article

Comcast Enters Loan Agreements For Sky Deal
Wednesday, 25 Apr 2018 

April 25 (Reuters) - Comcast Corp ::SAYS ENTERED TERM LOAN CREDIT AGREEMENT, A 364 DAY BRIDGE LOAN CREDIT AGREEMENT.SAYS TERM LOAN CREDIT AGREEMENT PROVIDES FOR A £7 BILLION UNSECURED TERM LOAN CREDIT FACILITY TO CO - SEC FILING.SAYS CREDIT AGREEMENTS ENTERED IN CONNECTION WITH ALL-CASH OFFER FOR ENTIRE ISSUED AND TO BE ISSUED SHARE CAPITAL OF SKY PLC.SAYS BRIDGE LOAN CREDIT AGREEMENT PROVIDES FOR A £16 BILLION UNSECURED BRIDGE LOAN CREDIT FACILITY TO CO FOR 364 DAYS AFTER INITIAL BORROWING.SAYS PROCEEDS OF LOANS UNDER BOTH CREDIT AGREEMENTS ARE INTENDED TO BE USED FOR PURPOSES OF FINANCING SKY TRANSACTIONS.SAYS COMMITMENTS UNDER CREDIT AGREEMENTS TO REMAIN IN EFFECT UNTIL EARLIER OF SEPT 30, 2019 OR DATE ON WHICH CERTAIN TERMINATION EVENTS OCCUR.  Full Article

Comcast Says Unlikely It Will Use Shares As Medium Of Exchange For A Deal - Earnings Call
Wednesday, 25 Apr 2018 

April 25 (Reuters) - Comcast Corp ::COMCAST CEO BRIAN ROBERTS SAYS ON TRACK TO INCREASE CABLE MARGINS FOR FULL YEAR IN 2018 - CONF CALL.SAYS UNLIKELY WE WOULD USE COMCAST SHARES AS A MEDIUM OF EXCHANGE FOR A TRANSACTION - EARNINGS CALL.SAYS XFINITY MOBILE ENDED QUARTER WITH 577,000 CUSTOMER LINES, HAVING ADDED 196,000 LINES IN QUARTER - EARNINGS CALL.SAYS EXPECT CAPITAL SPENDING COMPOSITION TO CONTINUE SHIFT TOWARDS CONNECTIVITY-DRIVEN BROADBAND INFRASTRUCTURE SPENDING - EARNINGS CALL.SAYS PAYING CLOSE ATTENTION TO 5G, TESTING OUR OWN RESULTS - EARNINGS CALL.SAYS EXPECTED SYNERGIES FROM SKY DEAL ARE ABOUT $300 MILLION OF EXPENSE SIDE, $200 MILLION OF REVENUE SYNERGIES - EARNINGS CALL.  Full Article

Twenty-First Century Fox Notes Announcement By UK Takeover Panel Regarding Disney Offer For Sky
Thursday, 12 Apr 2018 

April 12 (Reuters) - Twenty-First Century Fox Inc ::NOTES ANNOUNCEMENT TODAY BY TAKEOVER PANEL REGARDING REQUIREMENT FOR WALT DISNEY COMPANY (DISNEY) TO MAKE A MANDATORY OFFER.REMAINS COMMITTED TO ITS RECOMMENDED CASH OFFER FOR SKY ANNOUNCED ON 15TH DECEMBER 2016.  Full Article

‍Sky Italia, Open Fiber Signs Long-Term Deal To Launch Fibre-Only Service
Thursday, 29 Mar 2018 

March 29 (Reuters) - Sky Plc ::‍SKY ITALIA AND OPEN FIBER ANNOUNCE A LONG-TERM DEAL TO LAUNCH A FIBRE-ONLY SERVICE FROM SUMMER 2019​.‍DEAL WILL GIVE SKY ACCESS TO OPEN FIBER'S FTTH (FIBRE-TO--HOME) NETWORK​.  Full Article

Deals of the day-Mergers and acquisitions

June 15 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Friday: