DAZN has clinched a deal to acquire Australia’s Foxtel Group from News Corp and Telstra for US$2.2 billion. The platform has some 4.7 million customers. It will continue to be led by CEO Patrick ...
As for the Murdochs, getting the final approvals on the Foxtel deal will be a crucial step in clearing the decks in what is ...
Under the terms of the agreement, shareholder loans in the amount of $578 million outstanding and owing to News Corp will be repaid in full in cash at closing. In addition, Foxtel's current debt ...
Rupert Murdoch's News Corp and Telstra have agreed to sell their Australian cable TV and streaming business Foxtel to DAZN, a ...
Loop Capital analysts believe that News Corp selling Foxtel to DAZN is a positive move that could lead to a credit rating ...
News Corp and partner Telstra sold their interest in the Foxtel subscription TV and streaming service to DAZN Group.
News Corp sells Foxtel to DAZN for A$3.4 billion, repays loans, retains 6% equity stake. Focus on growth areas. NWS shares up 0.36% premarket.
Gift 5 articles to anyone you choose each month when you subscribe. ASX rebounds as CBA rallies, News Corp sells Foxtel Bargain hunters have stepped in after two days of heavy selling, sending the ...
News Corp. (NWSA) will sell payTV business FOXTEL for an enterprise value of A$3.4B, Morgan Stanley tells investors in a research note. FOXTEL ...
News Corp NWSA-1.49%decrease; red down pointing triangle and Australian telecom company Telstra TLS 0.00%increase; green up pointing triangle have agreed to sell jointly-owned Foxtel to sports ...