Adam Samson

Sky agrees to sweetened £24.5bn takeover offer from Fox

Rupert Murdoch’s 21st Century Fox has agreed to new terms to acquire Sky, the pan-European TV group, in a deal worth £24.5 billion that is designed to see off a rival offer from US media giant Comcast.

CenturyLink to buy Level 3 in $34 billion telecom tie-up

CenturyLink will buy Level 3 Communications, which runs infrastructure that allows businesses connect to the internet, in a $34 billion deal.