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FOX completes Roku deal and builds a larger streaming platform
8:21am on Saturday 7th of November, 2026 AEDT
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Media and Entertainment
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FOX completes Roku deal and builds a larger streaming platform
8:21am on Saturday 7th of November, 2026 AEDT
Key Points
Roku shareholders receive US$95.30 cash and 0.9799 FOX Class A shares per share
FOX issues approximately 144.5 million shares and pays about US$14.1 billion in cash
US$8.4 billion bridge facility matures 364 days after completion
FOX targets approximately US$400 million in annual run-rate cost synergies within two years
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