Nandy 'minded to intervene' in Sky's proposed £1.6bn takeover of ITV
Culture Secretary Lisa Nandy says she is “minded to intervene” in Sky’s proposed £1.6 billion takeover of ITV’s media and entertainment division.
The deal was agreed in July following months of discussions.
It will see ITV’s terrestrial television channels and its streaming service, ITVX, merge with Sky.
The deal is intended to create a new entity designed to challenge global streaming giants.
This is a breaking news story. More follows. Subscribe here to get the latest updates from The Independent.