21st Century Fox Receives European Commission Clearance for Proposed Acquisition of Sky

By Isaac Oburu
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21st Century Fox today issued the following statement commenting on the European Commission’s clearance of its proposed transaction to combine with Sky:

21st Century Fox welcomes today’s decision by the European Commission clearing unconditionally its proposed transaction to acquire the outstanding shares of Sky that it does not already own. We now look forward to continuing to work with UK authorities and are confident that the proposed transaction will be approved following a thorough review process.