Investors fear that China also blocks the Disney deal with Fox :: Investor.bg

<img src = "https://www.investor.bg/images/photos/0265/0000265510-article3.jpg" alt = "After 21st Century Fox investors approved the agreement for the selling some of Walt Disney's badets for $ 71, 3 billion, some investors are already concerned about the next challenge – China's regulatory approval, Bloomberg writes.

L & # 39; agreement, which has already received the green light from the US Department of Justice, still needs the approval of 15 other regulators around the world.This includes the State Administration of Market Regulation in China because a small share – less than 2% – Fox's revenue is generated in the country.

Some investors fear that China may use the agreement to honor the rights of import for $ 500 billion, which threatens US President Donald Trump, who called one of the president Fox, Rupert Murdoch, to congratulate him after announcing the deal in December. The White House press secretary, Sara Huckabay Sanders, said that at the time, Trump believed that an agreement would be "something great for the job."

This is one of the reasons why Fox newspapers have about 20% chance. "Any agreement that requires China's approval will be used as a lever and a strategic tool," said the source, familiar with the problem, who wanted to remain anonymous because they did not have the right to speak to the media. in the war, "said Bloomberg badyst Intel

The lack of China's acquisition of NXP Semiconductors acquisition by Qualcomm, this week, increases the risk that other US companies conclude transactions that require China's approval, "But I would be surprised if Chinese regulators were trying to do the same thing with Disney / Fox," she commented

. commenting on the case A spokeswoman for Disney says the company is confident that the deal will be finalized within 12 to 18 months