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CVC ‘makes $300m investment’ in global volleyball with FIVB

Private equity company CVC Capital Partners is investing in a new commercial entity with the International Volleyball Federation (FIVB) that will jointly manage rights for major global volleyball competitions.

CVC is committing $300m (€250m) to the project, according to Sky News. The new entity, Volleyball World, will manage commercial rights for events including the FIVB World Championships, Olympic qualifiers and the Volleyball Nations League.

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