DAZN Acquires Foxtel Group from News Corp
April 2, 2025
DAZN Group Limited has completed its acquisition of Foxtel Group from News Corporation following regulatory approvals from the Foreign Investment Review Board and the ACCC. As part of the transaction News Corp received approximately 6% minority equity in DAZN and A$592 million in shareholder loans were repaid to News Corp; News Corp’s Andrew Cramer joined DAZN’s board upon closing.
- Buyers
- DAZN Group Limited
- Targets
- Foxtel Group
- Sellers
- News Corporation
- Industry
- Media & Entertainment
- Location
- New South Wales, Australia
- Transaction Type
- Buyout
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