Peltz, Trian increase stake in Disney
Investor Nelson Peltz and his firm, Trian Fund Management, has increased its stake in Disney to roughly 30 million shares with a value of more than $2.5bn (€2.36bn).
Atlético-MG becomes Brazil’s ‘biggest SAF’, signs with Libra
Atlético-MG has become the latest club in Brazilian football to transition into a limited company (SAF), after the sale of 75 per cent to the newly-formed Galo Holding was approved.
Liberty Global increases Telenet stake to 93.23 per cent
US-based media giant Liberty Global has upped its ownership stake in Belgian telco Telenet Group to 93
IFAF soft launches global OTT platform with Sportall
The soft launch of the International Federation of American Football’s (IFAF) new streaming service, IFAF.T
TD Bank becomes Blue Jays jersey patch sponsor
Canadian bank TD Bank has agreed a deal with Major League Baseball’s Toronto Blue Jays to become the team’s first official jersey patch sponsor.
Starr Insurance becomes Yankees jersey patch sponsor
The New York Yankees has become the latest Major League Baseball franchise to land a jersey patch sponsor, signing up Starr Insurance
WWE’s ‘Money in the Bank’ boasts record-breaking night on O2 debut
World Wrestling Entertainment’s live event Money In the Bank (MITB), which took place at London’s O2 Arena last weekend, has become the highest-grossing event in WWE history.
Raine Group closes new sports-centered fund at $760m
Raine Group, the strategic advisory and investment firm, has closed its newest fund Raine Partners IV, raising a total of $760m and bringing the firm's assets under management to almost $4bn
OKX strengthens Manchester City links to cover sleeve sponsorship
OKX, the crypto exchange and Web3 technology company, has stepped up its involvement with Manchester City, becoming the club's sleeve sponsor from next season as part of a renewed multi-year partnership
Gran Centenario Tequila becomes latest Leagues Cup sponsor
Gran Centenario has agreed a sponsorship deal with Soccer United Marketing (SUM) to become the ‘Official Tequila’ of the expanded Leagues Cup competition across North America.