- Fox shareholders are expected to hold 25% of Disney's shares after the deal,
- A deal is expected to be announced later this week, though it likely won't include announcements about how management of the new companies will be settled, CNBC reports.
ADVERTISEMENT
Disney gains and Fox slips as details of the expected asset sale emerge (DIS, FOXA)
21st Century Fox is expected to be in the final stages of selling its entertainment and TV business to Disney.
ADVERTISEMENT
FOLLOW BUSINESS INSIDER AFRICA
ADVERTISEMENT
Recommended articles
Chad to become the first of Africa's current junta-led states to move to democracy
Russia spreads its military influence to another African country
A look into South Korea’s rice gift to Africa
FBNBank Ghana changes to FirstBank Ghana to align with group identity
Nigeria restricts power export to neighbouring countries to meet domestic demand
NOG Energy Week 2024: West African countries harnessing gas for industrialisation to boost economic development
10 African countries with the smallest labor force
West Africa healthcare and pharmaceutical landscapes gets a boost: A look back at Medlab & Pharmaconex