Thursday , August 18 2022

Disney to sell Fox Sports from Brazil and Mexico to approve Fox's purchase


buy Fox no Disney went through a restriction in Brazil and Mexico.

Here, the Economic Defense Administration Council (Cade) noted that the transaction would form double in most cable television sports channels, as Disney would own Fox Sports and ESPN, and Globo would be with SporTV.

To allow the transaction, Mickey's Company decided to sell Fox Sports in Brazil and Mexico, according to Bloomberg. A meeting for a prospective buyer will be made next week, but no details were released.

A long century purchase of 21 Century Fox has already closed to operators but 24 anti-monopoly bodies need approval to be official. Procurement has already been approved by a number of regulatory agencies around the world – including the United States – but the merger between companies is still underway in Brazil.

More details should arrive soon.

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