Rupert Murdoch’s News Corporation has been given UK government approval for its controversial takeover of BSkyB following the media magnate’s offer to make Sky News an independent company to try and diffuse concerns about the concentration of media outlets in the hands of one organisation. Murdoch already owns, amongst other things, the Sun, the News of the World, the Times …
Bank of Spain takes over CajaSur
The Bank of Spain has taken control of the CajaSur bank after the failure of merger negotiations with Unicaja, the move being made to ensure that CajaSur can continue to operate normally and fulfill all its obligations to third parties.