Sky shares gain as talk of takeover bid from Vodafone resurfaces
Sky’s share price gained 2% yesterday, 8 January, on renewed talk that the listed UK-based satellite television broadcaster will receive a takeover bid from the FTSE-100 telecoms group Vodafone, The Times reported. The newspaper’s market report section did not cite a source for the speculation.
A market report in the Financial Times also briefly mentioned the rehashed speculation of a Vodafone bid for Sky, but did not cite a source.
Sky shares closed 17.5p up at 887p in London, giving the company a market capitalisation of GBP 15.24bn (EUR 19.48bn). Vodafone’s share price closed 9.75p up at 225.75p, a gain of 4.51%.
The Times (London), Financial Times