The new Secretary of State for Culture has given approval for the merger between 21st Century Fox and Sky Plc.
Comcast has further raised its bid for Sky, increasing its bid to £14.75 per share, as the battle for the European broadcaster intensifies.
21st Century Fox has increased its offer for Sky to £14 per share. Fox is looking to take full control of the broadcaster against a rival bid from the US media giant Comcast.
The culture secretary has accepted proposals from the Competition and Markets Authority that Sky News be sold to Disney before Sky’s £11.7bn merger with Fox be allowed to go ahead.