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
Location
New South Wales, Australia
Transaction Type
Buyout

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