EU approves Disney buy from Fox if makes TV divestments

BRUSSELS (Reuters) - Walt Disney's $71.3-billion offer to buy Twenty-First Century Fox Inc's entertainment assets won approval from the European Commission on Tuesday, subject to Disney selling interests in factual TV channels in Europe. The EU competition regulator said in a statement that Disney had committed to divest its interests in channels including History and Lifetime in the European Economic Area (EEA) to avoid harming competition following its purchase from Fox. "The decision is conditional on full compliance with commitments offered by Disney," the Commission said

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