Disney buys Fox for $52.4bn

Disney will buy the Fox assets for $52.4bn in stock

Walt Disney announced on Thursday that it is set to buy 21st Century Fox’s entertainment assets for a total $52.4bn.

The much talked about deal in recent days includes Fox’s 39% stake in satellite broadcaster Sky, and the 20th Century Fox film studio.

Disney will buy the Fox assets for $52.4bn in stock, plus about $13.7bn net debt, leaving the value of the deal at about $66.1bn.

Fox News and Sports, Fox’s remaining assets, will form a new company.

Have your say. Give us your feedback.
Sign up for our Newsletter.

You might also like

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept