"This achievement would not have been possible without decades of entrepreneurial risk-taking and the commitment of thousands of colleagues, creators and dreamers. " 21st Century Fox , led by executive chairman Rupert Murdoch , has agreed to sell its 39 % stake in Sky for £ 11.6bn ( $ 2017 ) , after telecommunications giant Comcast won the battle to takeover Sky with a bid totalling $ 29.7bn in an auction overseen by the Takeover Panel . Comcast 's offer of £ 17.28 a share was £ 1.61 ahead of 21st Century Fox 's , who previously took over Sky in 2016 but were in turn bought by Disney for $ 52.4bn in 2017 . The purchase will be the biggest ever takeover in Europe 's media industry .
21st Century Fox , led by executive chairman Rupert Murdoch , has agreed to sell its 39 % stake in Sky for £ 11.6bn ( $ 2017 ) , after telecommunications giant Comcast won the battle to takeover Sky with a bid totalling $ 29.7bn in an auction overseen by the Takeover Panel . Comcast 's offer of £ 17.28 a share was £ 1.61 ahead of 21st Century Fox 's , who previously took over Sky in 2016 but were in turn bought by Disney for $ 52.4bn in 2017 . The purchase will be the biggest ever takeover in Europe 's media industry .