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The Guardian·4 min read·hard

Sky owner strikes £1.6bn ITV deal; easyJet shares hit four-year high after it agrees £5.5bn takeover ‘in principle’ - business live

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Lauren Almeida, Julia Kollewe, Kalyeena Makortoff
Sky owner strikes £1.6bn ITV deal; easyJet shares hit four-year high after it agrees £5.5bn takeover ‘in principle’ - business live
AI Summary

Sky has announced a £1.6bn deal to acquire ITV's broadcasting and streaming assets to compete with global streaming giants. Meanwhile, easyJet shares reached a four-year high following a £5.5bn takeover agreement.

Sky has announced a long-awaited £1.6bn deal to buy ITV’s broadcasting and streaming arm to create the UK’s biggest commercial broadcaster.

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