Fox still wants Sky, is considering ‘options’

San Francisco: The 21st Century Fox media group said Wednesday that it still wants to buy pan-European TV group Sky, but is considering its “options” following a counter-offer by cable operator Comcast. “We remain committed to our bid to buy the remaining Sky shares we do not own and expect to receive UK regulatory approval in a month or two,” said James Murdoch, the chief executive of Fox and chairman of Sky. 21st Century Fox had earlier made a lower offer per share for the 61 per cent of Sky it does not own — a bid that has come under intense regulatory scrutiny. Comcast, which lost out to Disney last year in an effort to buy 21st Century Fox, formalised its £22 billion (Dh109 billion) cash bid for Sky in April.