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A+E Networks buying out NBCUniversal International in Germany

A+E Networks is buying NBCUniversal International's stake in a joint venture that operated A+E Networks Germany, reported June 1.

The deal, financial terms of which were not disclosed, is subject to regulatory approval.

A+E Networks Germany operates History and A&E in Germany, Switzerland, Austria, Luxembourg, Alto Adige and Liechtenstein. NBCUI will continue to offer key services to A+E Networks in German-speaking Europe.

A+E Networks is a joint venture of Walt Disney Co.'s Disney-ABC Television Group and Hearst Corp.

NBCUniversal International is a unit of Comcast Corp.