The M&A committee of the UK said that from Friday to Sunday, three rounds of applications for participation in the auction for the purchase of the British television operator Sky will take place. Against the backdrop of a real struggle for Sky between 21st Century Fox and Comcast corporations which lasts for 21 months already, the British regulator was forced to resort to an auction. Publicly, the amount of applications submitted will not be disclosed until the end of the auction. As MarketWatch writes, a successful offer is likely to be something that will exceed the capitalization of SKY, currently more than $35 billion. Both Fox and Comcast, claiming to purchase Sky, expect that this acquisition will allow them to expand foreign operations.
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