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Britain clears manner for bidding battle between Comcast and Disney over Sky

LONDON — Comcast needs to upend the Walt Disney Co.’s empire-building plans, and a jewel of Europe’s media business may give it a gap.

As each firms pursue a bigger-is-better technique, they’re vying for management of the British satellite tv for pc broadcaster Sky. A regulatory ruling Tuesday might be a prelude to a bidding battle over the corporate — and to a bigger battle over 21st Century Fox.

The deal-making machinations, which have unfolded in two international locations for over a 12 months, are difficult and interconnected. Disney has provided to purchase Fox, which already owns a part of Sky and has provided to purchase the remainder. Comcast has made performs for each Fox and Sky, all with the purpose of inflicting hassle for Disney.

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