September 20, 2018 / 9:08 AM / 3 months ago

UK takeover regulator to hold auction for Sky on Sept. 21

Sept 20 (Reuters) - Britain’s takeover regulator said on Thursday that the battle between Comcast and Twenty-First Century Fox for Sky Plc would now go to an auction procedure.

The Takeover Panel said the auction would start at 1700 London time on Sept. 21 and end on the evening of Sept. 22, with a maximum of three rounds.

Reporting by Noor Zainab Hussain in Bengaluru; editing by Jason Neely

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