Disney: $52.4bn agreement with 21^st Century Fox to acquire its cinema and TV assets, including Sky

The Walt Disney Company has reached an agreement with the 21^st Century Fox conglomerate to acquire significant shares in 21^st Century Fox including 20^th Century Fox, the studio of the US group, and various TV assets including 39.1% of pay TV group Sky, for $52.4bn of dollars (€44.4bn), announced the American company on 14/12/2017. With the incorporation of Fox's $13.7bn (€11.6bn) debt, the transaction amounted to 66.1 billion dollars (€56bn).

Fox's terrestrial TV channel, local stations, news channels and sports channels from 21^st Century Fox (Fox Sports pay-TV channels) are not included in discussions with Disney, which already owns the ABC radio channel and the ESPN sports channel.

The pay-TV Group Sky, is the main UK Premier League rights holder for the 2016-2019 period and its subsidiary Sky Deutschland, is the main broadcaster of the Bundesliga in Germany for the 2017-2021 period.

21^st Century Fox will receive 0.2745 Walt Disney shares for every 21^st Century Fox share

• With 20^th…