Anja Rakowski's questions to News Corp (NWSA) leadership • Q4 2024
Question
Anja Rakowski questioned if a potential Foxtel transaction would allow for the full recoupment of shareholder loans, the outstanding amount of those loans, and whether the interested party is a trade or financial buyer.
Answer
Robert Thomson, Chief Executive, stated the process would be 'full and fair' and viewed the interest as a vote of confidence in Foxtel. Susan Panuccio, Chief Financial Officer, specified that the outstanding shareholder loans are just shy of $600 million and that any transaction would contemplate their treatment.