Disney set to buy 21st Century Fox for $60bn

Walt Disney is close to confirming a deal to buy 21st Century Fox’s entertainment assets for about $60bn, the BBC reports.

The sale would include the 20th Century Fox film studio and the Sky and Star satellite broadcasters in the UK, Europe and Asia.

Disney was left as the front runner after Comcast, the NBC owner, dropped out of the race on Monday.

Fox and Disney on ‘glide path’ for Thursday deal announcement, CNBC reported.

21st Century Fox and Disney are on a “glide path” for a Thursday deal announcement, sources familiar with the deal told CNBC.

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