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

Why Comcast and Disney's offers to buy Fox aren't as apart as they may seem
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Nabila Ahmed & Christopher Palmeri | Bloomberg
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

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First Published: Jul 28 2018 | 10:52 PM IST

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