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Pattrick Smellie: BusinessDesk managing editor on Sky TV's talks to acquire MediaWorks episode artwork

EPISODE · Jun 7, 2022 · 3 MIN

Pattrick Smellie: BusinessDesk managing editor on Sky TV's talks to acquire MediaWorks

from Best of Business · host Newstalk ZB

Sky TV has confirmed it is in talks to buy mediaworks.Due diligence is still underway, and a deal is not certain, the company says.If a deal does go ahead, it would not require Sky to raise new equity, but it would require shareholder and regulatory approval.Sky investors haven't reacted with excitement about the news, with the share price down almost 7% since the news broke.BusinessDesk managing editor Pattrick Smellie joined Heather du Plessis-Allan.LISTEN ABOVESee omnystudio.com/listener for privacy information.

What this episode covers

Sky TV has confirmed it is in talks to buy mediaworks. Due diligence is still underway, and a deal is not certain, the company says. If a deal does go ahead, it would not require Sky to raise new equity, but it would require shareholder and regulatory...

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Pattrick Smellie: BusinessDesk managing editor on Sky TV's talks to acquire MediaWorks

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This episode is 3 minutes long.

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This episode was published on June 7, 2022.

What is this episode about?

Sky TV has confirmed it is in talks to buy mediaworks.Due diligence is still underway, and a deal is not certain, the company says.If a deal does go ahead, it would not require Sky to raise new equity, but it would require shareholder and regulatory...

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