Latest Mergers & Acquisitions
-
ArticleHyrox founders buy into rival Xenom
Christian Toetzke and Moritz Fürste have taken board seats and an ownership stake in Xenom, the self-styled ‘Decathlon of Fitness’, as shared investor Wndrco tightens its grip across both properties.
-
News briefsAnta completes 29.06% stake purchase in PUMA
The Chinese group says it will share retail and operations experience while PUMA keeps its governance and brand autonomy.
-
ArticleGarmin acquires muscle oxygen sensor maker Moxy
Moxy, a muscle oxygen sensor maker, has been on Garmin watches since 2015.
-
ArticleNewton Golf makes a move into minerals
Newton Golf has secured an exclusive option on a Nevada mining project covering the critical minerals beryllium and tungsten. The pivot appears to be without precedent in the sporting goods industry.
-
ArticleApollo Sports Capital wants in to the NFL
Two senior Apollo Sports Capital executives have publicly declared the firm’s interest in the NFL, although the league’s list of approved private-equity firms has ever only shrunk.
-
News briefsHugo Boss names Frasers chief Michael Murray chairman
Ashley’s retailer secured the Hugo Boss chair days after ousting its previous head, without completing a takeover.
-
News briefsHugo Boss chairman to step down amid Frasers pressure
Frasers Group, Hugo Boss’s largest shareholder at near-48 percent, has sought a second board seat for Robert Palmer.
-
News briefsChina approves Anta’s 29% stake acquisition in Puma
China’s market regulator unconditionally approved Anta’s purchase of a 29.06% Puma stake worth 1.506 billion euros.
-
News briefsSGN Group forms SGN Sport Nordic
The move consolidates decision-making and supplier relationships that Sweden and Finland previously ran separately.
-
News briefsHyrox founders buy back control from Infront
WndrCo, the fund backing Hyrox rival Xenom since March, is also part of the buying group.
-
ArticleCastore reportedly explores sale a decade after launch
JPMorgan is canvassing buyers for the brand Andy Murray backs, with interest from China among the approaches.
-
News briefsNew Wave Group to acquire Uhlsport GmbH
The all-share deal covers Uhlsport and Kempa, adds football and handball gear to Craft Sportswear’s 5,000-club network.
-
News briefsBreaking: Decathlon to acquire 50% of Sport 2000 France
The retailer would gain access to a network of 190 mountain stores and enter the ski rental market.
-
ArticleLakers acquisition to proceed, but stake size in question
A legal challenge from Lakers governor Jeanie Buss threatens to complicate the landmark $12.5 billion acquisition of the Los Angeles Lakers by Bob Iger and Josh Kushner, as a family ownership dispute escalates.
-
ArticleGerman fashion house Hugo Boss can’t shake off Frasers
The offer was just a 4 percent premium, but 17.62 percent of shareholders tendered anyway, pushing Frasers past 47 percent.
-
ArticleKushner, Iger to pay a reported $12.5bn for L.A. Lakers
Mark Walter has agreed to sell his majority stake in the Los Angeles Lakers to Josh Kushner and Bob Iger at a reported valuation of $12.5 billion – a figure that would set a new record for a US sports franchise sale and exceed Walter’s own purchase price by 25 percent in under a year.
-
ArticleCompagnie des Alpes buys into PadelCity in €12m Series A round
French leisure giant Compagnie des Alpes has taken an initial 33.9 percent stake in Munich-based padel operator PadelCity for €20 million, valuing the business at more than €65 million and laying the groundwork for a potential full takeover by 2030.
-
ArticlePaul Allen estate agrees to $9.612 billion Seahawks sale
The buyer group is led by Vinod Khosla, who must first sell his minority stake in the San Francisco 49ers.
-
News briefsFrasers’ Hugo Boss plan goes beyond ownership
A reported plan to install Frasers CEO Michael Murray as Hugo Boss CEO shows that the retailer is treating equity ownership as inseparable from operational control.
-
ArticleGarmin adds coaching to its wearables business
Garmin has bought two of endurance sport’s best-known coaching platforms one day after launching its Cirqa smart band. for
