Tag Archives: merger

IFT grants new deadline for Disney to sell Fox Sports in Mexico

Mexican Telecommunications Federal Institute (IFT) officially reported this Wednesday, August 4th, that it has granted a new deadline for Disney to sell Fox Sports operations in the country, according to what the Mexican regulator established to approve the merger between The Walt Disney Company and 21st Century Fox, which took place in March 2019. The [...]

Fox Sports directs its sale in Mexico

As reported by the Mexican website Mediotiempo, Fox Sports would already have a buyer in Mexico. The channels sale  in the country is one of the requirements imposed on The Walt Disney Company by the Telecommunications Federal Institute (IFT) to approve Disney-Fox merger, which took place in March last year.  According to information given by [...]

Brazil approves Disney-Fox merger

The Brazilian Economic Defense Administrative Council (CADE) approved the acquisition of Twenty-First Century Fox by The Walt Disney Company. The transaction was made by running a Concentration Control Agreement (ACC). The approval was granted without the requirement to sell Fox Sports in the country. In late 2019, taking into account that there were no buyer [...]

IFT cancels Fox Sports sale in Mexico for three months

The Federal Telecommunications Institute (IFT) granted The Walt Disney Company and Twenty-First Century Fox a three-month suspension of the divestment period to sell Fox Sports in Mexico. The selling order is one of the requirements imposed on March 11th, 2019 to authorize the Disney-Fox merger. The period granted for the process expires on May 1st [...]