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Originally Posted by RichardCoulter
Do Disney have an existing stake in Sky?
Fox have a 39% stake, so if Disney currently own 12% or more and this deal goes ahead then Disney would have a controlling stake, so yes.
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Disney don't own any of Sky however 21st Century Fox have a 39% stake and are currently trying to buy the rest. The FT mention Sky as being part of the deal discussed with Disney.
It does say talks aren't on going so nothing may materialise.