Comcast offers $65bn for Fox assets in bid to gazump Disney

Comcast has offered $65bn (£47bn) for 21st Century Fox’s global entertainment assets, throwing down a challenge to Disney’s $60bn bid in a move likely to prompt a fierce bidding war between the pair.

Cable TV provider Comcast had been widely expected to make its formal all-cash offer, equal to $35 a share, today, after having last month said it was in the advanced stages of preparing the bid and given recent speculation that chairman and chief executive Brian Roberts was lining up financing for the deal.

It had previously approached Fox about a potential deal, back in November, but its efforts had been rebuffed and Fox had instead recommended an all-stock deal with Disney. 

However, Comcast refused…

https://www.telegraph.co.uk/business/2018/06/13/comcast-offers-65bn-fox-assets-bid-gazump-disney/

Добавить комментарий