DAZN Buys Australia’s Foxtel in $2.2 Billion Deal With News Corp and Telstra

Sports streaming company DAZN is buying Australia’s Foxtel Group from majority shareholder News Corp and minority shareholder Telstra in a deal with an enterprise value of $2.2 billion. The deal, which is subject to regulatory approval, will bring together Foxtel — Australia’s original pay-TV operator, with 4.7 million subscribers — with DAZN, the privately held […]
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