UK intervenes in Sky's £1.6bn acquisition of ITV's media & entertainment arm

UK Culture Secretary Lisa Nandy has intervened in Comcast-owned Sky's planned £1.6 billion ($2.15 billion) acquisition of ITV's media and entertainment arm, requiring the Competition and Markets Authority and regulator Ofcom to conduct a preliminary investigation into the deal, with findings due by January 27, 2027.

Detected & updated continuously · Source: Nebula