Murdoch's Fox seeks nod for ₹96,000 crore Sky takeover bid
Rupert Murdoch's mass media major Twenty-First Century Fox has asked EU regulators to approve its $14.4 billion (over ₹96,000 crore) takeover bid for European pay-TV company Sky. The acquisition of the remaining 61% of Sky would help Fox better compete with rivals such as Netflix. Notably, some politicians have called for the deal to be blocked.