Dec 4, 2017

Fox 'resumes sale talks' with Walt Disney

Rupert Murdoch's 21st Century Fox is reported to have resumed talks with Walt Disney over a sale of "Most" of its business, including its Sky stake. The rest of the group, which includes Fox News Channel, Fox broadcast network and its sports rights, are not believed to be up for sale. Fox is currently in the process of trying to buy the rest of Sky that it does not already own. Media analyst Claire Enders, founder of Enders Analysis, said the reported interest of Disney in Fox was "Very credible". A Disney deal is not expected to prevent Fox's pursuit of the rest of Sky's shares.

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