Key Takeaways
- • Fox is looking to raise around $8 billion to help fund its acquisition of Roku, according to Law360.
- • iHeart Media has dispelled rumors that it was considering selling its podcasting unit.
- • BP is in talks to sell a portion of its Brazilian oil block assets, per the same report.
Summary
Media company Fox is seeking to raise approximately $8 billion to help finance its pending acquisition of Roku, according to a Law360 report dated November 12, 2026. The figure is presented as an approximation, and the report does not detail the financing structure.
The same roundup reports that iHeart Media has denied rumors that it was weighing a sale of its podcasting unit. The company's denial addresses speculation about a potential divestiture of that business.
Among other items, British oil major BP is reported to be in talks to sell a portion of its Brazilian oil block assets. The source does not specify the buyer, the value of the potential transaction, or the timeline for any agreement.
The primary source is a brief news roundup, and the full details of these developments are behind a paywall, so further figures and parties were not available for this summary.
The same roundup reports that iHeart Media has denied rumors that it was weighing a sale of its podcasting unit. The company's denial addresses speculation about a potential divestiture of that business.
Among other items, British oil major BP is reported to be in talks to sell a portion of its Brazilian oil block assets. The source does not specify the buyer, the value of the potential transaction, or the timeline for any agreement.
The primary source is a brief news roundup, and the full details of these developments are behind a paywall, so further figures and parties were not available for this summary.
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