Business

Nandy 'minded to intervene' in Sky's £1.6bn takeover of ITV entertainment arm

BBC Business · 2026-10-15

AI SUMMARY

• What happened: Nandy 'minded to intervene' in Sky's £1.6bn takeover of ITV entertainment arm Lisa Nandy has said she is "minded to intervene" in the proposed £1.6bn deal for Sky to buy ITV's media and entertainment division. The culture secretary said there was reasonable grounds to believe the deal could affect free expression in th... • Why it matters: This update may be relevant for Cyprus residents, visitors, businesses or policymakers. • What to watch next: Follow CyprusDailyLife for updates.

Lisa Nandy has said she is "minded to intervene" in the proposed £1.6bn deal for Sky to buy ITV's media and entertainment division.

The culture secretary said there was reasonable grounds to believe the deal could affect free expression in the media and the variety of Britain's news landscape.

Sky said it would "carefully consider" a letter from Nandy and "engage constructively" with the review into the deal.

"We remain confident that bringing Sky and ITV's media and entertainment business together will create a stronger British media," it said.

Source: BBC Business
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