Sky Owner Strikes £1. 6bn ITV Deal; EasyJet Shares Hit Four Year High After It Agrees £5. 5bn Takeover 'In Principle' Business Live Sky owner Comcast has struck a deal to buy a 20% stake in ITV for £1.
6 billion, the company announced on Tuesday. The agreement marks a significant expansion of Comcast's UK media presence and comes as the US based conglomerate continues to consolidate its global media portfolio.
The deal is subject to regulatory approval and is expected to be completed by the end of the year. Separately, easyJet shares soared to a four year high after the airline announced it had agreed in principle to a £5.