Comcast has made a $ 31bn offer for Sky , beating the bid from 21st Century Fox for 61 % of the company . The US cable TV giant has offered £ 12.50 ( $ 17.21 ) per share , 16 % higher than the Fox offer . The Competition & Markets Authority said Fox ’s takeover would not be in the public interest because it would give the company too much influence over UK media . Comcast chief executive Brian Roberts said the company would "use Sky as a platform for our growth in Europe" and said he was confident its offer would be cleared by regulators. Comcast CEO Brian Roberts said Sky could be co - owned with Fox or Disney , which wants to buy the majority of Fox ’s business , as long as Comcast had the majority stake .
Comcast has made a $ 31bn offer for Sky , beating the bid from 21st Century Fox for 61 % of the company . The US cable TV giant has offered £ 12.50 ( $ 17.21 ) per share , 16 % higher than the Fox offer . The Competition & Markets Authority said Fox ’s takeover would not be in the public interest because it would give the company too much influence over UK media . Comcast CEO Brian Roberts said Sky could be co - owned with Fox or Disney , which wants to buy the majority of Fox ’s business , as long as Comcast had the majority stake .