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Waiting for Mr Wright

11 July 2018 By Liam Proud

Rupert Murdoch’s group is bidding 14 pounds a share for the UK group’s equity it doesn’t own, valuing Sky at 24.5 bln pounds. Yet a ruling by Britain’s Takeover Panel may push that even higher, while rival bidder Comcast can hit back. Sky investors may be far from peak altitude.

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