Aye Stallion, their market announcement said they had been working on a capital return plan in parallel to doing due diligence on MW…
So all these weeks later, it is very odd that they have not updated the market with a signed off plan for how they are going to return capital, how much etc.
The delay only really makes sense if they are in talks with someone.
But there has been takeover speculation for sky for years now, and nothing has happened - so wouldn’t pay to get too excited about the prospect!