Sports Streamer DAZN Acquires Foxtel From Rupert Murdoch’s News Corp, Telstra In $2.2 Billion Deal

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Sports streaming platform DAZN has acquired Australian broadband company Foxtel Group from majority shareholder, Rupert Murdoph’s News Corp, and minority shareholder, Telstra, in a deal valued at $2.2 billion.

The acquisition, pending regulatory approval, establishes the sports entertainment platform as a leader in its domain in the Australian market, additionally enhancing its global reach and footprint.

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