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MEXICO CITY, May 22 (Reuters) - Mexican media conglomerate Grupo Lauman will buy Fox Sports' Mexico operations, fulfilling a key regulatory condition of Walt Disney Co's acquisition of Twenty-First Century Fox Inc's film and television assets, newspaper El Financiero said.
El Financiero, which is part of Grupo Lauman, announced the news late on Friday without putting a value on the acquisition. It said that more details on the deal would follow.
Mexico's telecoms regulator, the Federal Telecommunications Institute (IFT), in 2019 approved Disney's $71 billion purchase of Fox's media assets, subject to the sale of Fox Sports channels due to the market power the deal created. (Reporting by Dave Graham; editing by Diane Craft)