EU conditionally clears Disney's takeover of Fox
- 6 years ago
The European Union has granted conditional approval for Disney to buy Twenty-First Century Fox's entertainment assets.
In order for the deal to go through, Disney has committed to selling off its stakes in factual channels it controls in Europe to maintain fair competition.
They include History, H2, Crime & Investigation and Blaze and Lifetime channels, which are currently controlled by A+ E Television Networks - a joint venture between Disney and Hearst.
Disney shareholders and U.S. regulators had already approved the Fox bid in June.
The takeover would expand Disney's unrivaled portfolio of some of the world's most popular characters, uniting Mickey Mouse and the Marvel with Fox's X-Men and The Simpsons.
In order for the deal to go through, Disney has committed to selling off its stakes in factual channels it controls in Europe to maintain fair competition.
They include History, H2, Crime & Investigation and Blaze and Lifetime channels, which are currently controlled by A+ E Television Networks - a joint venture between Disney and Hearst.
Disney shareholders and U.S. regulators had already approved the Fox bid in June.
The takeover would expand Disney's unrivaled portfolio of some of the world's most popular characters, uniting Mickey Mouse and the Marvel with Fox's X-Men and The Simpsons.