British Business – Dec 10,
These are the most popular stories in the British business pages. These stories have not been verified and we cannot vouch for the accuracy of these reports.
The Times
BP will spin off its offshore wind business and form a joint venture worth $5,8 billion with Jera, a Japanese energy company.
Vivendi's shareholders approved the separation of Canal+ and Vivendi, with the aim to list the Paris-based firm in London on Monday.
The Guardian
Sky UK has signed a multi-year agreement with Warner Bros Discovery. Under the deal, Sky's parent Comcast will bundle WBD's Max service and Discovery+ for Sky subscribers starting April 2026.
As part of the upcoming review of spending, Britain's Finance minister Rachel Reeves ordered Whitehall departments submit their spending plans for "challenge panel" reviews by private sector experts including bankers.
The Telegraph
Journalists from The Guardian and The Observer claim that their bosses have stonewalled them over the sale to Tortoise of the Sunday paper, a losing startup.
Sky no longer has exclusive rights for hit U.S. TV series such as Succession or House of the Dragon following a legal dispute with Warner Bros Discovery regarding Harry Potter.
Sky News
HIG Europe (private equity firm) has made a formal bid for Kantar Media. The offer is valued at approximately 1 billion pounds ($1.27billion).
In an email, UK entrepreneur Dale Vince questioned the publisher of The Guardian Ole Jacob Sunde about whether an interview he gave to a Sunday paper indicated that he would be open to further discussions regarding The Observer’s future. ($1 = 0.7849 pound) (Compiled from Bengaluru Newsroom)
(source: Reuters)
