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New Deal


Announced

Completed

Comcast completed the acquisition of Sky for £30bn.

Financials

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Transaction Value£23,666m
Consideration TypeCash
Capital Owned-
Capital Bid For61%
EV/Sales2.9x
EV/EBITDA17.1x
Share Price Premium-
One Off Charge-

Tags

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Radio and TV Broadcasters

broadband

television broadcasting

Media

United Kingdom

Public

Friendly

Acquisition

Completed

Later Bidder Won

Cross Border

Majority

Synopsis

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Comcast, a media and technology company, completed the acquisition of Sky, an entertainment and communications businesses, for £30bn. “We are pleased today to be the majority owner of Sky. Led by Jeremy Darroch and his superb team — now together with Comcast — our combined global leadership in technology and content paves the way for us to accelerate investment and growth in Sky’s brand and premier platforms." Brian Roberts, Comcast CEO The Walt Disney Company has consented to Twenty-First Century Fox’s decision to tender or sell its 39% stake in Sky plc as soon as allowable under terms of Comcast Corp.’s £17.28 per share offer for Sky.

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