Report
Allan C. Nichols

U.K. Government States It Is Unlikely to Require Comcast’s Bid for Sky to Undergo Extended Review

On May 21, Matt Hancock, the United Kingdom Secretary of State for Digital, Culture, Media and Sport, wrote a ministerial statement regarding Comcast’s offer to buy Sky: “I am minded not to issue (a European Intervention Notice) on the basis that the proposed merger does not raise concerns in relation to public interest considerations," he said. This means that Comcast’s offer will likely not need to go through the lengthy government review that 21st Century Fox’s offer has been going through. T...
Underlying
Sky Limited

Sky is an entertainment and communications company, engaged in the operation of pay television broadcasting and home communications services, including the provision of broadband and telephone operations. Co. operates in three segments: UK and Ireland, which is involved in the activities and operations of the pay TV, home communications, mobile and adjacent businesses; Germany and Austria, which is involved in the activities and operations of the pay TV and adjacent businesses; and Italy, which is involved in the activities and operations of the pay TV and adjacent businesses. Co. provides entertainment from live sporting events, drama, U.S. and local shows and blockbuster movies.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Allan C. Nichols

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