BRIEF-GN Store Nord: Sale of GN Otometrics; partnership with Natus
* Said on Sunday GN Hearing and Natus Medical Incorporated had entered into agreement whereby ownership of GN Otometrics is transferred from GN Hearing to Natus
Twenty-First Century Fox Inc said it would take control of Yankees Entertainment and Sports (YES) Network, by raising its stake to 80 percent from 49 percent.
Twenty-First Century Fox, which first acquired its stake in YES Network in 2012, said the remaining 20 percent stake will continue to be held by Yankee Global Enterprises.
YES Network will become a part of Twenty-First Century Fox, and Chief Executive Tracy Dolgin of YES Network will remain in his role leading the network.
The YES Network delivers live coverage of New York Yankees baseball and Brooklyn Nets basketball, as well as other sports programming in the United States.
The deal is expected to close by the end of the first calendar quarter. Financial terms of the deal were not disclosed.
Shares of Twenty-First Century Fox closed at $31.27 on Friday on the Nasdaq.
(Reporting by Chandni Doulatramani in Bangalore; Editing by Savio D'Souza)
* Marksans Pharma Limited announces USFDA approval for loratadine liquid filled capsules 10 mg Source text: http://bit.ly/2da7pd8 Further company coverage: (Bengaluru newsroom)
FRANKFURT, Sep 26 The following are some of the factors that may move German stocks on Monday: