Response to Secretary of State's Announcement on Proposed Acquisition
Sky plc ("Sky" or "We") notes today's announcement by the Secretary of State for Digital, Culture, Media and Sport ("Secretary of State") on the proposed acquisition of Sky by 21st Century Fox, Inc.
We are disappointed by this further delay and that the Secretary of State is now minded to refer the proposed acquisition to the CMA in relation to broadcasting standards despite Ofcom, as the independent broadcast regulator, maintaining its advice that there are not sufficient concerns to justify such a reference. Nevertheless we will continue to engage with the process as the Secretary of State reaches her final decision.
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