Comcast challenges Rupert Murdoch’s Sky bid

US cable TV mammoth Comcast has made a £22.1bn offered for Sky, testing a current offer from 21st Century Fox.

Rupert Murdoch’s 21st Century Fox had effectively concurred a £18.5bn arrangement to purchase the 61% of Sky it doesn’t already own.

Comcast is the greatest US satellite TV firm. It likewise possesses the broadcast TV netwrork NBC and Universal Pictures.

Comcast CEO Brian Roberts called Sky “an outstanding company” and said he was “confident” the offer would be cleared by controllers.

Mr. Roberts included: “We would like to own the whole of Sky and we will be looking to acquire over 50% of the Sky shares”.

Comcast said its offer of £12.50 a share was 16% higher than the 21st Century Fox offer.

Sky’s shares were up over 21% at above £13 in evening exchanging on the London Stock Exchange.

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