News Corp and Australian telecom company Telstra have agreed to sell jointly-owned Foxtel to sports streaming service DAZN Group, a deal that values the pay television company at more than $2.1 ...

Sports streaming company DAZN is buying Australia’s Foxtel Group from majority shareholder News Corp and minority shareholder Telstra in a deal with an enterprise value of $2.2 billion.

The Australian Competition & Consumer Commission (ACCC) has said will not oppose the proposed acquisition of 51.4 per cent of Media Innovations Holdings Pty Ltd (Fetch TV) by Telstra Corporation.