The UK authorities will let 21st Century Fox take over Sky if it sells Sky News.
Culture Secretary Matt Hancock has additionally cleared Comcast's bid to take over Sky, however has referred Fox's bid for an additional session.
Fox has been chasing approval from UK regulators since 2016 to purchase the 61% of Sky it doesn't already personal.
The takeover was held up by politicians and regulators who feared it might give Rupert Murdoch an excessive amount of affect over the media within the UK.
The Murdoch-controlled Fox has been trying to handle these considerations by means of a collection of concessions, together with promoting Sky News to Disney as soon as the deal is full.
Separately, Disney has struck a deal to purchase Fox's leisure property, together with its stake in Sky.
However, US media big Comcast waded into the bidding in February with a £22bn supply for Sky, trumping Fox's supply, which valued the broadcaster at £18.5bn.