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Grupo Lauman Buys Fox Sports Mexico, Paving Way for Disney Deal

  • Company is said to have signed deal on Friday: El Financiero
  • Fox Sports sale was regulator condition for Disney, Fox merger
Fox Sports

Photographer: Nick Tre. Smith/Icon Sportswire/Getty Images

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Mexico’s Grupo Lauman is said to have acquired Fox Sports Mexico, the local outlet El Financiero reported late Friday, paving the way for Walt Disney Co.’s purchase of 21st Century Fox Inc.’s entertainment assets in the country.

The company signed the deal on Friday, pending approval from Mexican telecom regulator IFT, according to El Financiero. Grupo Lauman is owned by Manuel Arroyo, who also owns El Financiero.