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Brazil: Antitrust regulator to reassess Disney-Fox deal

By  |  November 13, 2019

Brazil’s antitrust regulator said on Wednesday it will reassess U.S. media giant Walt Disney Co’s (DIS.N) $71 billion purchase of Twenty-First Century Fox (FOXA.O) because the divestiture requested by the regulator has not happened yet.

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    “The deal approved in February was contingent on the sale of the Fox Sports channel. As the sale was not finalized, the case will be re-examined,” the regulator known as ‘Cade’ said in a statement.

    Full Content: Reuters

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