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Why is Murdoch’s News Corp selling Foxtel to DAZN in a $2.1 billion deal?
News Corp has agreed to sell its Australian cable TV unit, Foxtel, to the British-owned sports network DAZN in a deal valued at A$3.4 billion ($2 billion), including debt. This move reduces the ...
Benzinga.com1mon
News Corp Sells Foxtel to DAZN for $2.12 Billion, Retains Stake in Global Sports Streaming
News Corp to sell Foxtel to DAZN for A$3.4B, with loans repaid and News retaining a 6% stake in DAZN. The sale will help News focus on growth areas like Dow Jones and Digital Real Estate ...
Reuters1mon
Murdoch's News Corp to sell Foxtel to DAZN for $2.1 billion
SYDNEY, Dec 23 (Reuters) - News Corp has agreed to sell its Australian cable-TV unit Foxtel to British-owned sports network DAZN for A$3.4 billion ($2.1 billion) including debt, cutting the ...