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  • 3y
    fxtime fxtime
    I actually done the BHP trade via the FTSE...thx as a great scalp.
  • Editor’s Picks / 23 February 2015 at 2:36 GMT

    21st Century Fox held merger talks with Discovery

    The Australian Financial Review
    US entertainment company, 21st Century Fox, has held preliminary discussions about a takeover of Discovery Communications. The Australian Financial Review states sources close to the situation reveal senior executives from the New York-based 21st Century Fox met with their counterparts at pay-TV channel owner Discovery about two weeks ago to discuss a potential takeover bid. But the sources said the discussions were "nascent", "it was very, very early days" and there was no guarantee a formal offer would be made or that discussions have continued. If the deal goes ahead, it would create a media powerhouse that generates more than $38 billion in annual revenue.
    Read article on The Australian Financial Review
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