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Tennor takes over McCourt’s stake in Global Champions Tour

Image: Global Champions Tour

Global investment holding company Tennor has agreed a deal with the Global Champions Tour (GCT) and Global Champions League (GCL) equestrian series, acquiring a stake held by US businessman, Frank McCourt.

Tennor, founded by German entrepreneur Lars Windhorst, will take over the shareholding of McCourt Global. Frank McCourt, former owner of the Los Angeles Dodgers Major League Baseball (MLB) franchise, acquired a 50-per-cent stake in the Global Champions Tour in June 2014.

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