Nothing but negotiation

 
The Gap Partnership

Govt permits News Corp and BSkyB merger

A merger between BSkyB and News Corporation has been accepted by the government.

30 June 2011

Merger and acquisition consultants working alongside News Corporation appear set to be given the go ahead to complete the firm's takeover of BSkyB, it has emerged.

Secretary of state for culture, Olympics, media and sport Jeremy Hunt has today (June 30th) published the results of a consultation conducted on the details of the proposed deal earlier this year.

And the official noted that bodies such as Ofcom and the Office of Fair Trading have advised him that the agreement can be permitted as it will not have an overly-adverse effect on media plurality in the UK.

Concerns had been raised by these regulators, as well as the government itself, with regard to how News Corp - which already holds a stake of around 40 per cent in BSkyB - completely owning the company would impact the market.

However, after coming up with undertakings such as the presence of an independent director on the company's board, the authorities are now satisfied that the merger can go through.

Posted by Ken Hayes
 

Gap News

March 2014

The Negotiation Roadshow 2014

Generating value through creative negotiation

Read more


July 2013

Trading Global: Negotiating in the Far East

The Gap Partnership are hosting a complimentary Lunch & Learn seminar in association with UK Trade & Investment

Read more


April 2013

GroceryAid Negotiation Event Raises £26,550

The Gap Partnership, in conjunction with Asda, SC Johnson and Waitrose, host one-day negotiation workshop

Read more


February 2013

Trading Global - Negotiating in the Far East

What is the impact of cultural differences on your negotiations?

Read more


December 2012

The Gap Partnership Release New Negotiation Video

The Nothing but Negotiation video series continues with collaborative negotiation

Read more