The tribunal of Brazilian antitrust agency CADE is expected to clear the planned merger between 21st Century Fox and the Walt Disney Company between the end of January and early February with behavioral commitments, a source familiar with the case told CTFN.
The April 29-announced Sprint/T-Mobile merger remains under review at the staff level within the antitrust division of the U.S. Department of Justice, and staff is far from sending a recommendation to the next level, CTFN has learned.
C-Band Alliance – Intelsat
Sources polled by CTFN expressed cautious optimism that the Federal Communications Commission would approve the C-Band Alliance’s plan to sell mid-band spectrum by the second or third quarter of next year.
Energias de Portugal/China Three Gorges
State-owned enterprise China Three Gorges is committed to the €3.26 per share offer launched in May for Portuguese utility Energias de Portugal (EDP), and its separate €7.33 bid for Spanish subsidiary EDP Renováveis (EDPR), a source close to the bidder told CTFN.
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