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Twenty-First Century Fox Inc intention to form joint venture with funds managed by affiliates of Apollo Global Management


Thursday, 15 May 2014 12:30pm EDT 

Twenty-First Century Fox Inc:Confirms its intent to form joint venture with funds managed by affiliates of Apollo Global Management comprised of Endemol, Shine Group and CORE Media Group.Parties have entered into preliminary agreement, subject to a number of conditions, which calls for 21st Century Fox and funds managed by affiliates of Apollo to jointly own and manage the new joint venture.There can be no assurance that the proposed transaction will be completed. 

Company Quote

33.95
-0.3 -0.88%
26 May 2015