Ishbia finalizing $4bn deal to acquire Suns, Mercury

Mat Ishbia. (UWM)
Mat Ishbia. (UWM)

Mat Ishbia, the billionaire president and chief executive of leading United States mortgage lender United Wholesale Mortgage, is finalizing a record $4bn (€3.77bn) deal to acquire the National Basketball Association's Phoenix Suns and the Women's National Basketball Association's Phoenix Mercury.

You'll need a subscription to continue reading

Discover our range of subscription choices, with options starting from £39/month

Already have an account? Sign in here