Topgolf Callaway sells 60% Topgolf stake
Topgolf Callaway Brands Corp. has agreed to sell a 60 percent stake in its Topgolf and Toptracer business to Leonard Green & Partners in a deal valuing the business at approximately $1.1 billion.
One of MLB’s 2025 runner-ups might soon be for sale
The Seidler family, controlling owners of the San Diego Padres, are exploring strategic options including a potential sale of their stake in the Major League Baseball franchise, with BDT & MSD Partners advising on the process.
VF sells Dickies to Bluestar for $600m
VF Corporation has completed the sale of its Dickies brand to Bluestar Alliance LLC for $600 million in cash, aiming to sharpen its focus on core outdoor and active assets.
Zoot Sports buys European distributor
US triathlon brand Zoot Sports has acquired its European distributor, Tailwind Brands, to strengthen its presence in Europe’s growing triathlon market and triple revenue over three years.
NFL owners approve three partial sales
NFL owners approve equity deals for the New York Giants, New England Patriots, and San Francisco 49ers, marking the league’s continued embrace of private investment in franchises.
Footway seeks new owners for Sportamore and other e-commerce brands
Footway OaaS AB has started the sale of twelve debt-free e-commerce brands, aiming to find suitable new owners.
Oakley Capital acquires majority stake in Nox
The padel brand’s current owners and the Nox founder and CEO Jesús Ballvé, are reinvesting alongside Oakley Capital
Intersport France to buy much of Intersport Spain
Intersport France has all but acquired Intersport Spain’s buying group and brand as well as some of its suppliers and a sizeable share of its workforce, according to the sources of Modaes. Because the latter is in liquidation, the acquisition will require judicial approval.
Frasers Group acquires majority stake in U.S. luxury retailer The Webster
The owner of Sports Direct and Flannels is further strengthening its position in the global premium and luxury retail segment.
New England Patriots to sell 8%
The New England Patriots, of the National Football League (NFL), are putting an 8 percent stake up for sale, according to Sports Business Journal (SBJ). The team is at present owned in its entirety by Robert Kraft, founder, chairman and CEO of The Kraft Group.
VF sells Dickies for $600m in cash
The buyer of the 103-year-old brand is a global brand management firm.
More on Luanvi’s savior, Revolution Sport
Revolution Sport, the new entity that has saved the Luanvi brand, turns out to be an entrepreneurial branching out on the part of Víctor Huerta, according to Expansión and others. Huerta is the owner of a family-run coffee company in Spain, Cafés Durbán.
New York Giants to sell 10% for $1bn
If the deal goes through, this will be the NFL’s most expensive minority stake yet.
VSP Vision acquires Adidas Eyewear licensee Marcolin
The US vision care giant – Nike’s eyewear licensee – has taken over Marcolin, which holds the global eyewear license for Adidas.
Most Foot Locker shareholders opt for Dick’s stock
Ahead of their upcoming merger, a large majority of shareholders in a US-based sports retailer chose stock over cash compensation.
Skechers, 3G Capital clear regulatory hurdles
The US footwear company and private equity firm have secured all necessary approvals to proceed with their previously announced merger.
Castore acquires Belstaff from Ineos
Castore has agreed to acquire 100% of the shares of the British heritage brand on a debt-free, cash-free basis.
Spinnova ends joint venture, takes over Woodspin
The Finnish fiber innovator acquires full control of Woodspin and related assets from former joint venture partner Suzano.
Dick’s extends exchange offer deadline for notes
The sporting goods retailer has extended its exchange offer for Foot Locker’s senior notes ahead of the planned merger closing.
Dick’s-Foot Locker merger clears final hurdles
The US retailers move closer to finalizing their merger after receiving antitrust clearance and setting a shareholder election deadline.
