Chile’s Nueva Inversiones Pacifico Sur Limitada has agreed to buy a 64.94% stake in casino operator Sun Dreams for $160 million from South African partner Sun International to take full ownership of the business and settle a dispute. The two partners had been locked...
Adicon Clinical Laboratories Ltd., a Chinese lab operator backed by Carlyle Group Inc., has picked banks for its Hong Kong initial public offering, according to people familiar with the matter. The company has selected Jefferies and Morgan Stanley to lead the share...
Serie A is finally going ahead with their plans to raise investments in the new commercial entity that will handle the league commercial rights. According to a report by Sportcal, the six private equity firms interested in entering into business with Serie A for its...
Two retail veterans are lining up to front rival £6.5bn private equity bids for Asda, the UK’s third largest supermarket. Rob Templeman, a former chief executive of Debenhams, is understood to be assisting Apollo Global Management, while Paul Mason, a...
The surge of private equity interest in sports investment is motivated by the potential of direct-to-consumer growth (DTC), not traditional revenue streams, according to the European Tour’s chief operating officer. Pre-dating, but certainly accelerated by, the... 