Disney is reportedly nearing a deal to buy 21 Century Fox's TV business
Advertisement
REUTERS / Gus Ruelas
Advertisement
Disney and 21st Century Fox are closing in on a deal that could come as quickly as next week, according to a CNBC report citing sources familiar with the matter.
The transaction would involve Disney acquiring Fox's studio and television production assets - a portion of the business that has an enterprise value of more than $60 billion, CNBC's sources say.
The deal would leave Fox with is news and sports assets.
This story is developing. Stay tuned for updates.
Advertisement
NOW WATCH: One type of ETF is taking over the market
Advertisement
- A centenarian who starts her day with gentle exercise and loves walks shares 5 longevity tips, including staying single
- A couple accidentally shipped their cat in an Amazon return package. It arrived safely 6 days later, hundreds of miles away.
- FSSAI in process of collecting pan-India samples of Nestle's Cerelac baby cereals: CEO
- Having an regional accent can be bad for your interviews, especially an Indian one: study
- Dirty laundry? Major clothing companies like Zara and H&M under scrutiny for allegedly fuelling deforestation in Brazil
- 5 Best places to visit near Darjeeling
- Climate change could become main driver of biodiversity decline by mid-century: Study
- RBI initiates transition plan: Small finance banks to ascend to universal banking status