A PYMNTS Company

Brazil: Gov expected to OK Fox-Disney deal without divestment

 |  January 6, 2019

Antitrust regulators in Brazil are expected to approve the media-asset deal between Twenty-First Century Fox and Walt Disney without pressing for any property sales, Bloomberg reports.

The regulator, CADE, is expecting to see a proposal from the two companies that includes behavioral changes after some back-and-forth meetings in December.

Concerns centered on the sports impact from the combination of ESPN and Fox Sports, according to the report, though CADE is aware that other services compete in sports broadcasting.

Full Content: Bloomberg

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.