Thursday 3 December 2015

Sky's the limit

Here's an interesting piece from FT hack Matthew Garrahan:

http://www.ft.com/cms/s/e3f8dd10-99a0-11e5-9228-87e603d47bdc,Authorised=false.html?siteedition=uk&_i_location=http%3A%2F%2Fwww.ft.com%2Fcms%2Fs%2F0%2Fe3f8dd10-99a0-11e5-9228-87e603d47bdc.html%3Fsiteedition%3Duk&_i_referer=https%3A%2F%2Fwww.google.co.uk%2F6666cd76f96956469e7be39d750cc7d9&classification=conditional_standard&iab=barrier-app#axzz3t430nWgs

The well written article takes a while to get to the point but once it does it suggests the Murdochs via 21st Century Fox are contemplating selling the media giant's 40pc stake in London-listed Sky.

I have to admit I was quite surprised by such a statement as for the last couple of months I had been hearing unsubstantiated - and I mean unsubstantiated - rumours suggesting quite the opposite: that the Murdochs, James Murdoch in particular, is keen on having another crack at purchasing Sky.

I guess time will tell who is on the money with this one...

1 comment:

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