Disney handed six-month extension to sell Fox Sports’ Mexican arm

MONTERREY, MEXICO - NOVEMBER 02: Rogelio Funes Mori, #7 of Monterrey, celebrates with teammate Dorlan Pabón. (Photo by Azael Rodriguez/Getty Images)

The Federal Telecommunications Institute (IFT), Mexico’s antitrust regulator, has agreed to hand Disney and Fox Sports a six-month extension to sell its sports assets in Mexico.

The IFT has ordered an independent auditor to take sole responsibility for the sale or divestment of the sports business after Disney indicated that potential buyers for the sporting assets had requested more time to review the assets before making any formal offers.

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