$71.3 billion Disney-Fox deal might face regulatory hurdles in China

Now that 21st Century Fox Inc. shareholders have signed off on the $71.3 billion sale of its entertainment assets to Walt Disney Co., some investors are already fretting about the next hurdle: regulatory clearance from China.
 

The deal, though already given a green light by the US Department of Justice, still needs antitrust approval from 15 other regulators around the globe. That includes China’s State Administration for Market Regulation because a small proportion — less than 2 percent — of Fox’s revenue is generated in that country.
 

Some investors are concerned that China might use this deal to retaliate against