Sony Pixel Power calrec Sony

Fox Corporation Completes Acquisition of 67% of Equity of Credible Labs

17/10/2019

New York, NY and Los Angeles, CA - October 17, 2019 Fox Corporation (Nasdaq: FOXA, FOX) announced today that it has completed its acquisition of 67% of the equity of Credible Labs Inc. (ASX:CDR) effective October 17, 2019. Shares of Credible were suspended from trading on the Australian Stock Exchange (ASX) on October 16, 2019 (AEST) and Credible will be delisted from the ASX on October 18, 2019 (AEST).

The completion of the transaction follows the satisfaction of all customary closing conditions, including approval of the merger by Credible stockholders.

Each Credible CDI holder of record at closing is entitled to receive A$2.21 in cash per CDI, and each holder of common stock in Credible of record at closing is entitled to receive A$55.25 per share.

Kirkland & Ellis LLP and Herbert Smith Freehills served as U.S. and Australian legal counsel, respectively, to Fox Corporation.

About Fox Corporation

Fox Corporation produces and distributes compelling news, sports and entertainment content through its iconic domestic brands including: FOX News Media, FOX Sports, FOX Entertainment and the FOX Television Stations. These brands hold cultural significance with consumers and commercial importance for distributors and advertisers. The breadth and depth of our footprint allows us to deliver content that engages and informs audiences, develops deeper consumer relationships and creates more compelling product offerings. FOX maintains an impressive track record of news, sports, and entertainment industry success that will shape our strategy to capitalize on current strengths and invest in new initiatives. For more information about Fox Corporation, please visit www.FoxCorporation.com.

About Credible

Credible (ARBN: 621 866 813) is a U.S. company based in San Francisco which operates a consumer finance marketplace that helps consumers save money and make better financial decisions. Credible has developed a proprietary technology platform that is integrated with credit bureaus and financial institutions. Credible has developed a differentiated, and personalized user experience that enables consumers to compare instant, accurate pre-qualified rates from multiple financial institutions for student loans, personal loans and mortgages. For more information, please visit: www.credible.com

Press Contacts:

United States

Hope Hicks

1-310-369-1212

hope.hicks@fox.com

Megan Klein

1-310-369-1363

megan.klein@fox.com

Australia

John Connolly

61-2-9232-1033

jc@jcp.com.au

Investor Contacts:

Joe Dorrego

1-212-852-7856

joseph.dorrego@fox.com

Dan Carey

1-212-852-7955

daniel.carey@fox.com
LINK: https://www.foxcorporation.com/news/corp-press-releases/2019/fox-corpo...
See more stories from foxinternational

Most recent headlines

03/06/2024

Dalet and Veritone Reach Agreement to Distribute, Transact and Monetize Media Archives

Dalet, a leading technology and service provider for media-rich organizations, a...

19/03/2024

Barco announces collaboration with NVIDIA and SoftAcuity to add AI and data analytics applications to the operating room

Mar 18, 2024 Barco announces collaboration with NVIDIA and SoftAcuity to a...

19/03/2024

Hear from New Bulls Manager Morgan Ensberg on latest The Durham Bulls Podcast

Meet the Bulls' new manager, hear from 2 former managers, a former player and a person with a very special connection to Wool E. Bull. Tune in to The Durham...

19/03/2024

What Is Dembow? Tracing the Roots of a Global Phenomenon

What Is Dembow? Tracing the Roots of a Global Phenomenon The story of the dembow beat, which can be found in reggaeton, hip-hop, pop, and far beyond, speaks t...

19/03/2024

Berklee's Roger H. Brown Jr. Building Honored by Boston Society for Architecture

Berklee's Roger H. Brown Jr. Building Honored by Boston Society for Architec...

19/03/2024

Applications Open for 2024 Berklee at Umbria Jazz Clinics

Applications Open for 2024 Berklee at Umbria Jazz Clinics The 39th edition of the program will be held from July 9-21. By Callista Chan March 21, 2024 Ima...

18/03/2024

USC Basketball Star Juju Watkins on Fashion, Film, Friendship Bracelets, and More

Listeners turn to Spotify to connect with their favorites-from artists and album...

18/03/2024

Young professionals successfully complete vocational training at SGL's Meitingen site

Seven young professionals completed their vocational training at SGL Carbon in M...

18/03/2024

Vintage Allure

Released this past January, the music video for Ariana Grande's yes, and? brings a modern approach to vintage allure. The video was directed by Christian ...

18/03/2024

ST Engineering iDirect Unveils Intuition at SATELLITE 2024 Conference and Exhibition

Global satellite communications leader gives market a first look at its next-gen...

18/03/2024

Box to Box Films shares with MediaSilo

Box to Box Films Shares with MediaSilo Amy and Drive to Survive producer updates collaborators simply and securely Boston, MA, March 18, 2024 - Box to Box Fi...

18/03/2024

Telestream Introduces AI-Powered Tools for Rapid Content Delivery at NAB Show 2024

Telestream Introduces AI-Powered Tools for Rapid Content Delivery at NAB Show 20...

18/03/2024

Docufiction Film Bringing Down a Mountain Edited with DaVinci Resolve Studio

Docufiction Film Bringing Down a Mountain Edited with DaVinci Resolve Studio Brie Clayton March 18, 2024 0 Comments Blackmagic Design today announced ...

18/03/2024

FingerWorks Telestrators Releases Enhancements to Computer Vision Live Tracking Software at NAB 2024

FingerWorks Telestrators Releases Enhancements to Computer Vision Live Tracking ...

18/03/2024

DirecTV to Allow Subscribers to Opt Out of Local Stations

DirecTV announced a new feature over the weekend that will allow its subscribers to opt out of their local stations in return for a discount. Customers who ch...

18/03/2024

Logging and reviewing: Moving towards a sustainable workflow

Jane Sung, COO at Cinedeck, explains how broadcasters and content production companies can achieve the goal of moving towards creating a more sustainable, effic...

18/03/2024

Altice Media sold to French shipping tycoon for 1.55 billion

The deal includes BFM TV, one of the country's largest 24-hour news channels, as well as documentary channel RMC D couverte, and RMC Story By Jenny Priestl...

18/03/2024

Meet the CEO and founder

By TVBEurope Staff Published: March 18, 2024 Nick Franco tells TVBEurope how he went from being a master plasterer and refurbishing the ornate plasterwork ...

18/03/2024

Master the Avatar State: Glowing Eyes in Adobe After Effects

Master the Avatar State: Glowing Eyes in Adobe After Effects Levi Borland March 18, 2024 0 Comments In this step-by-step tutorial, learn how to recrea...

18/03/2024

Next Season of Doctor Who' on Disney Plus May 10

The next season of Doctor Who, with Ncuti Gatwa as the 15th Doctor, premieres on Disney Plus and around the world May 10. It is the first season to launch on Di...

18/03/2024

Screen Australia and VicScreen launch new Screen Careers initiative

18 03 2024 - Media release Screen Australia and VicScreen launch new Screen Careers initiative LTR Denise Eriksen, Esther Coleman Hawkins, Caroline Pitcher, K...

18/03/2024

CBC/WRAL Night Helps Bring in Over $26k for PBS NC

Capitol Broadcasting and WRAL-TV continued a decades-long tradition of supporting PBS North Carolina, our state's public television station, to good result ...

18/03/2024

NVIDIA Edify Unlocks 3D Generative AI, New Image Controls for Visual Content Providers

NVIDIA Edify, a multimodal architecture for visual generative AI, is entering a ...

18/03/2024

From Atoms to Supercomputers: NVIDIA, Partners Scale Quantum Computing

The latest advances in quantum computing include investigating molecules, deploying giant supercomputers and building the quantum workforce with a new academic ...

18/03/2024

New NVIDIA Storage Partner Validation Program Streamlines Enterprise AI Deployments

A sharp increase in generative AI deployments is driving business innovation for...

18/03/2024

NVIDIA Unveils Digital Blueprint for Building Next-Gen Data Centers

Designing, simulating and bringing up modern data centers is incredibly complex, involving multiple considerations like performance, energy efficiency and scala...

18/03/2024

Generative AI Developers Harness NVIDIA Technologies to Transform In-Vehicle Experiences

Cars of the future will be more than just modes of transportation; they'll b...

18/03/2024

All Eyes on AI: Automotive Tech on Full Display at GTC 2024

All eyes across the auto industry are on GTC - the global AI conference running in San Jose, Calif., and online through Thursday, March 21 - as the world's ...

18/03/2024

All Aboard: NVIDIA Scores 23 World Records for Route Optimization

With nearly two dozen world records to its name, NVIDIA cuOpt now holds the top spot for 100% of the largest routing benchmarks in the last three years. And thi...

18/03/2024

We Created a Processor for the Generative AI Era,' NVIDIA CEO Says

Generative AI promises to revolutionize every industry it touches - all that's been needed is the technology to meet the challenge. NVIDIA founder and CEO ...

18/03/2024

Banglalink Gets Unified Licence to Deliver Superior Digital Services in Bangladesh

18 Mar 2024 Banglalink Gets Unified Licence to Deliver Superior Digital Service...

18/03/2024

Thuraya partners with Niflink to deliver telemedicine and eLearning to users across its network

Abu Dhabi, 18 March, 2024 : Abu Dhabi, 18 March 2024: Thuraya Telecommunication...

18/03/2024

Thuraya partners with Niflink to deliver telemedicine and eLearning to users across its ne...

Abu Dhabi, 18 March, 2024 : Abu Dhabi, 18 March 2024: Thuraya Telecommunication...

18/03/2024

Major League Soccer: IMG on Capturing Fan Rituals and Delivering Consistent Coverage

Major League Soccer: IMG on capturing fan rituals and delivering consistent cove...

18/03/2024

Smashing Padel: Inside Aurora's Innovative Production of the Inaugural Hexagon Cup

Smashing padel: Inside Aurora's innovative production of the inaugural Hexag...

18/03/2024

Airspeeder Teams Up With EMG for World's First Live Broadcast of Flying Car Series

Airspeeder teams up with EMG for world's first live broadcast of flying car ...

18/03/2024

Netflix Announces News About 26 Upcoming Nordic Titles - Including 12 Brand New Titles

Back to All News Netflix Announces News About 26 Upcoming Nordic Titles - Inclu...

18/03/2024

Final sprint in the AS4 market communication

Final Sprint in the AS4 Market Communication: All Arvato Systems Customers Are Ready to Go Customers for market communication AS4-ready Arvato Systems is now...

18/03/2024

Tonight on Uzalo: Nkunzi takes a drastic decision

Tonight on Uzalo: Nkunzi takes a drastic decisionDon't miss Monday, 18 March's riveting episode of South African soapie Uzalo on SABC 1 on DStv channel ...

18/03/2024

Thales to modernize Montreal Mtro blue Line,improving passengers' punctuality and train reliability

Facebook Twitter LinkedIn Following a call for tenders, the Soci t de tra...

18/03/2024

Streaming today: Vida the Vet' on Netflix - 18 March 2024

Streaming today: Vida the Vet' on Netflix - 18 March 2024Looking for something to watch tonight? Check out all the new streaming releases from all your fav...

18/03/2024

Skeem Saam': Is Tobias Maswahla Evelyn's son?

Skeem Saam': Is Tobias Maswahla Evelyn's son?Is actor Sicelo Buthelezi's character Tobias Maswahla related to Deputy Principal Evelyn Maswahla in S...

18/03/2024

Tonight on Generations: Khensani tries to mend his friendship with Sphe

Tonight on Generations: Khensani tries to mend his friendship with SpheDon't miss Monday, 18 March's riveting episode of South African soapie Generation...

18/03/2024

Question: Did George Lucas rip off Dune?

Question: Did George Lucas rip off Dune?Miles Phillips explores Dune's Legacy and its echo in Star Wars, claiming that the former is among the best science ...

18/03/2024

Tonight on Skeem Saam: Jacobeth kicks Bullet to the curb

Tonight on Skeem Saam: Jacobeth kicks Bullet to the curbDon't miss Monday, 16 March's riveting episode of South African soapie Skeem Saam on SABC 1 on D...

18/03/2024

Tonight on Muvhango: Matshidiso finds incriminating information on Nkele

Tonight on Muvhango: Matshidiso finds incriminating information on NkeleDon't miss Monday, 18 March's riveting episode of South African soapie Muvhango ...

18/03/2024

Tonight on Smoke and Mirrors: In a haze of alcohol, Sakhile knocks down Fanyana

Tonight on Smoke and Mirrors: In a haze of alcohol, Sakhile knocks down FanyanaDon't miss Monday, 18 March's riveting episode of South African soapie Sm...

18/03/2024

Tonight on Scandal: Jojo's bad PR costs him more than he can afford

Tonight on Scandal: Jojo's bad PR costs him more than he can affordDon't miss Monday, 18 March's riveting episode of South African soapie Scandal! o...

18/03/2024

Tonight on Champions: Lebo's family are tearing him apart

Tonight on Champions: Lebo's family are tearing him apartDon't miss Monday, 18 March's riveting episode of South African soapie Champions on Mzansi ...

18/03/2024

Tonight on Gqeberha: Msimelelo lays down the rules at the Tshisa Nyama

Tonight on Gqeberha: Msimelelo lays down the rules at the Tshisa NyamaDon't miss Monday, 18 March's riveting episode of South African soapie Gqeberha: T...