1. Mighty Mouse: Disney is spending $52 billion for many of 21st Century Fox, however there are nonetheless some unanswered questions concerning the blockbuster deal.
What’s going to regulators assume? One concern is the sheer number of media properties the deal would deliver collectively.
The U.S. Justice Division will take into account to what extent the brand new firm may dominate the market and use its elevated leverage to pressure cable firms and different distributors to pay extra to hold Disney ( and Fox content material. )
What’s going to occur to James Murdoch? There had been some hypothesis that Rupert Murdoch’s son James, presently CEO of 21st Century Fox (, would transfer over to Disney in a senior position, presumably as successor to CEO Bob Iger. However in a convention name with traders, Iger stated that no instant plans had been developed. )
And what about Fox’s $15 billion deal for European pay TV supplier Sky (? That takeover was introduced a yr in the past, however has suffered from a collection of delays. )
Disney says that Fox will work to push the deal by means of. Analysts say it might not be that simple.
2. Unions at Ryanair: The funds airline that constructed its enterprise round minimal perks — for purchasers and workers — stated Friday that it will acknowledge pilot labor unions for the primary time.
Ryanair ( pilots in Eire, Britain, Germany, Italy, Spain and Portugal will now have extra energy to discount with the airline. )
The transfer is designed to move off a strike by pilots through the essential vacation journey interval.
“Placing the wants of our clients first, and avoiding disruption to their Christmas flights, is the rationale why we’ll now cope with our pilots by means of acknowledged nationwide union constructions,” CEO Michael O’Leary stated in an announcement.
three. Talking of planes: There’s been a serious management shakeup at Airbus (, and present COO Fabrice Brégier seems to have been left standing when the music stopped. )
Airbus stated in an announcement that Brégier, president of the corporate’s industrial plane enterprise, will depart the corporate. He had been touted as a doable successor to CEO Tom Enders, who will stand down in April 2019.
Guillaume Faury, who heads the corporate’s helicopter division, was named as the subsequent chief of the industrial airline enterprise. Might he now be subsequent in line for the highest gig?
Airbus stated it should take into account insiders and exterior candidates for CEO in 2018.
four. World market overview: U.S. stock futures had been larger.
Buyers are largely being left to their very own units. There are not any main earnings studies on the agenda and the financial information cabinet is naked.
6. Coming this week:
Friday — EU Summit
CNNMoney (London) First printed December 15, 2017: 5:21 AM ET
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