MP & Silva launches football service
MP & Silva has re-launched BallBall’s digital platform in partnership with News Corp.
The global exchange is set to roll out over the coming weeks.
News Corp announced appointments to the Boards of Directors of both companies, effective upon the completion of the separation, which is expected to occur on June 28.
News Corporation’s stake in Phoenix will now be reduced to an estimated 12.16%.
An anti-corruption review has also been initiated to test the effectiveness of current internal controls, and how they could be enhanced.
When the deal is finalised, the Rupert Murdoch-controlled company will get a 50% stake in Foxtel and full ownership of the Fox Sports business in Australia.
Upon the closing of the proposed transaction, Rupert Murdoch will serve as Chairman of both companies and CEO of the media and entertainment company.
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