Brazilian regulator to review approval of Disney-Fox deal

Willian Arao of Flamengo fights for the ball with Alisson of Gremio in the Copa Libertadores (Photo by Miguel Schincariol/Getty Images)

Brazil’s Administrative Council for Economic Defence (Cade), the competition regulator, has ruled that the planned acquisition of 21st Century Fox by the Walt Disney Company will be subjected to a review.

In February, Disney agreed to sell its Fox Sports channels in Brazil and Mexico as part of the process to complete the $71.3bn (€64.7bn) takeover of Fox’s entertainment assets.

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