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Comcast expects to pay its advisers between 203 million pounds and 243 million pounds in total for their work on the Sky bid, the U.S. group estimated in its formal offer document for the British company on Friday. The lion’s share of the fees — up to 170.3 million pounds — will go to the lenders, including Bank of America, that are co-ordinating the financing for Comcast’s offer. The cable giant will also pay between 22.7 million pounds and 37.8 million pounds to the firms that are providing it with financial advice.
They include amazon cufflinks the boutique Robey Warshaw, the small business founded by investment bankers Sir Simon Robey, Simon Warshaw and Philip Apostolides in 2013 and which is based in London’s upmarket Mayfair district, In addition, as much as 24.1 million pounds will go on Comcast’s legal fees, Meanwhile, Sky expects to spend between 88.6 million pounds and 95.9 million pounds on advice and other expenses relating to the Comcast offer, the document shows, The broadcaster estimates it will pay Barclays, Morgan Stanley, and boutique firm PJT Partners between 59.5 million pounds and 61.5 million pounds for their financial advice, according to the Comcast document, Legal advice will cost it between 15.2 million pounds and 20 million pounds..
Comcast said in the document that its 14.75 pounds per share offer to Sky shareholders was open until 1300 London time on Aug. 22, although it said it could extend the acceptance period. It lifted its bid for Sky on Wednesday after Fox sweetened its rival offer to 14 pounds per share earlier that day. Sky’s independent directors have recommended the Comcast offer. Sky shares closed down 0.6 percent at 15.35 pounds. The stock is trading above the level of the Comcast offer amid speculation that Fox will make a higher counterbid. Fox is yet to publish its offer document.
WINDSOR, England (Reuters) - Donald Trump met Britain’s Queen Elizabeth at Windsor Castle on Friday but the 92-year-old monarch was forced at one point to walk around the U.S, president after he halted abruptly during a ceremonial inspection of the guard, amazon cufflinks Trump’s first visit to Britain as president was not the full state visit he was originally promised, but he was heralded by military bands on his arrival at Windsor, before he and First Lady Melania went into the castle for tea with the queen..
The U.S. president had earlier praised Queen Elizabeth as a “tremendous woman”. The queen greeted the pair with a smile, although she had earlier glanced at her watch as she waited for their arrival. While inspecting the guard at Windsor, Elizabeth appeared to give direction to Trump but then the president abruptly halted and Elizabeth was forced to walk around him. Queen Elizabeth’s tea for the Trumps was due to last 25 minutes according to the White House’s schedule, the last part of their official visit.
He arrived at Windsor after a morning spent visiting Britain’s royal military academy at Sandhurst and held talks with Prime Minister Theresa May at her country residence, Chequers, Tens of thousands of protesters marched through amazon cufflinks London on Friday to demonstrate against the U.S, president’s visit, Trump is due to fly to Scotland later on Friday for a private visit where he will spend two days at a golf course he owns, before heading to Helsinki for a summit with Russian President Vladimir Putin..
CHEQUERS, England (Reuters) - U.S. President Donald Trump said he would discuss substantial reductions to nuclear weapons when he meets Russian President Vladimir Putin but cautioned that a “rigged witch hunt” in the United States was hampering efforts to improve relations. Trump and Putin, who control the world’s two biggest nuclear arsenals, are due to meet on Monday in Helsinki, a venue which evokes memories of Cold War show-downs between the Soviet Union and the United States.
“The proliferation is a tremendous, I mean to me, it’s the biggest problem in the world, nuclear weapons, biggest problem in the world,” Trump said alongside British Prime Minister Theresa May at her Chequers country residence, “If we can do something to substantially reduce them, I mean, ideally get rid of amazon cufflinks them, maybe that’s a dream, but certainly it’s a subject that I’ll be bringing up with him,” Trump said of his upcoming meeting with Putin, Trump added the nuclear arsenals were “also a very expensive thing but that’s the least important.”..