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Sky Confirms $2 Billion Takeover of ITV

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Overview
Highlights
 · 18h
Market Open: easyJet Takeover Terms, ITV Sky Deal
easyJet has agreed in principle to support a recommended £6.90-per-share takeover proposal from Castlelake, subject to due diligence and final documentation.

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 · 20h
LONDON BRIEFING: ITV strikes deal with Sky; takeover for easyJet nears
 · 14h
Sky owner strikes £1.6bn ITV deal; easyJet shares hit four-year high after it agrees £5.5bn takeover ‘in principle’ - as it happened
 · 15h
So, what does Sky's £1.6bn deal with ITV mean for viewers? For now, not much
After months of speculation, Sky confirmed it is buying ITV's media and entertainment business in a deal worth £1.6 billion.

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 · 20h
ITV sells media and entertainment arm to Sky for £1.6bn
 · 11h
ITV and Sky’s £1.6bn deal: Will I still be able to watch Love Island for free?
 · 14h
Sky agrees to buy British broadcaster ITV for up to £1.6 billion
The transaction will "create a UK champion with the scale and resources to better compete with global streaming platforms," ITV chairman Andrew Cosslett said in a statement.

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 · 20h
ITV agrees sale of media and entertainment business to Sky for up to £1.6bn
 · 14h
ITV agrees £1.6bn sale of broadcasting business to Sky - UPDATE
20h

UK Stock Market News: ITV, easyJet, Avon

Sky agrees to buy ITV Media & Entertainment, easyJet agrees terms for Castlelake buyout, $10m follow-on order at Avon
4hon MSN

Sky's ITV acquisition could have effect on US TV distribution

"ITV Studios is not for sale," Carolyn McCall, boss of U.K. media conglomerate ITV, firmly told Variety three years ago. Despite persistent rumors the global production powerhouse was going to be snapped up – including potentially by Banijay or RedBird IMI – McCall has stayed true to her word.
Opinion
6hon MSNOpinion

Slaying of the FTSE lions: Dark clouds are gathering over the LSE, says ALEX BRUMMER

Three lions in the Square Mile are suffering a setback as investment banks and dysfunctional boards cast dark clouds over the London Stock Exchange.
17h

WINNERS & LOSERS: easyJet nears takeover deal; defence stocks rise

Ocado Group PLC, down 2.6 at 178.97p, agrees for founder Tim Steiner to stay CEO until 2028 Drax Group PLC, down 2.5% at 752.75p FTSE 100 & 250 movers in focus: BAE Systems PLC, up 2.4% at 2,028.50 pence,
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