The Walt Disney Company’s proposed $71.3 billion acquisition of 21st Century Fox’s entertainment assets is expected to finally close in mid-March.
The deal is expected to gain approval from regulators in Brazil today (27th February), one of the final hurdles to full approval.
Once the Brazilian authorities approve the deal, there is expected to be a 10-day final closing period before an official closing as early as 8th March.
Once the deal completes, Disney will gain control of brands such as National Geographic, FX and 20th Century Fox.