Fox Corporation completed the acquisition of a 67% stake in Credible Labs for $265m.

Fox Corporation, an American television broadcasting company, completed the acquisition of a 67% stake in Credible Labs, a consumer finance marketplace, for $265m. "The acquisition of Credible underscores Fox Corporation's innovative digital strategy that emphasizes direct interactions with our consumers to provide services they want and expand their engagement with us across platforms. Credible, which has tremendous synergy with core brands such as FOX Business and FOX Television Stations and will benefit from our audience reach and scale, will drive strategic growth, further develop our brand verticals and deepen consumer relationships," Lachlan Murdoch, Fox Corporation Executive Chairman and Chief Executive Officer.