Fox leaning towards Disney as buyer for studio and media assets: sources
London
21ST CENTURY Fox Inc, the global film and TV company controlled by the Murdoch family, would prefer to sell some assets to Walt Disney Co because it is a better strategic fit and presents fewer regulatory hurdles, people familiar with the matter said.
The family is holding talks with Disney, as well as Comcast Corp, about combining certain media businesses with the potential buyers, said the people, who asked not to be identified because the discussions are private.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Honda to spend US$11 billion on EV strategy in Canada
GlaxoSmithKline sues Pfizer and BioNTech over Covid-19 vaccine technology
Mapletree Industrial Trust Q4 DPU rises 0.9% to S$0.0336
Nasdaq’s profit falls as shaky economy keeps IPO revival elusive
iFast Q1 net profit surges on ePension unit performance
Suntec Reit Q1 DPU down 13% to S$0.01511 in absence of capital distribution