Sky fends off lowball bids with plan to claim missing million

CEO Sophie Moloney says Sky's shares are undervalued. (Image: Supplied)

Tue, 29 Jun 2021

Sky TV is interested in looking at deals that will grow its rights content or the reach of its platforms, having had to contend with a number of lowball offers while its share price has languished. Chief executive Sophie Moloney told investors the company has retained investment bank Jarden to review any offers that deliver value for shareholders, but her team won’t lose sight of a three-year strategy outlined today in a three-hour presentation. “The board and I do not believe the current share price currently reflects the...

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