Rupert Murdoch’s News Corp sells Foxtel to British company DAZN for $2.1 billion (NASDAQ:NWS)

Murdoch News Corp (Nasdaq:Nuclear weapons) has finalized an agreement to sell its Australian streaming television and cable service, Foxtel, to DAZN – the UK sports streaming giant – for approximately $2.1 billion (about AU$3.4 billion).

Foxtel’s existing debt will be refinanced upon closing and transferred with Foxtel and News Corp (