AZB & Partners advised global entertainment giant, 21st Century Fox in its $71 billion acquisition by the Walt Disney Company effective from March 20 2019.
The acquisition of 21st Century Fox (21CF) stands out as a landmark transaction involving the transfer of 21cf’s film and television studios, cable entertainment networks and international TV businesses, and famous entertainment properties including X-Men, Avatar, FX Networks and National Geographic into Disney’s portfolio. The Walt Disney will also acquire 21CF’s interest in Sky, a network of nearly 350 channels in 170 countries, which will position Disney as a true global entertainment company.
Ashwath Rau and Roxanne Anderson were lead partners in this case. Rau is seen actively advising on high-profile M&A deals with clients including the likes of AIG, Apax and Bain Capital.
With a team of 90 partners, AZB & Partners stands out in 20 practice areas and sectors including banking and financial services, real estate and corporate and M&A.