All M&A articles – Page 4
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ArticleFrasers takes near 6% stake in Puma
Mike Ashley’s retail group joins Anta Sports as a significant Puma investor as the German brand struggles against Nike, Adidas and On.
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ArticlePayntr Golf joins the 8AM Golf family of brands
The golf media and equipment company backs Portland-based footwear brand worn by Jason Day and other PGA Tour players.
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ArticleBirmingham City sells women’s club to its parent
New York hedge fund Knighthead Capital Management consolidates club ownership through affiliate company.
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ArticleLargest sports-buyout fund yet closes at $1.2bn
Otro Capital’s inaugural fund more than doubles its $500m target, with investments already made in Alpine F1, Two Circles and FlexWork.
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ArticleApollo buys into Canadian fitness firm The GoodLife
The private equity giant values the 400-location fitness chain at €1.2bn in its latest sports investment move.
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ArticleESPN acquires NFL Network in $3bn deal
The NFL gets 10% of ESPN in exchange for its media assets, reshaping American sports broadcasting.
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News briefsKKR continues to invest in sports, report says
The American investment giant is negotiating to acquire Global Sport Group, which holds stakes in sporting properties across Europe, Sky News reports.
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News briefsAuthentic consolidates Guess brand
The multi-brand group now owns 51% of Guess’s IP whilst management retains full operational control, making the fashion brand Authentic’s second-largest asset.
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ArticleAs anticipated, ANTA acquires 29% PUMA stake
The €1.5 billion all-cash deal makes the Chinese giant PUMA’s largest shareholder.
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ArticleRamos-led consortium bidding for Sevilla FC
The Real Madrid legend’s consortium submits a €400 million letter of intent to buy into his first club
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News briefsIntersport Austria to acquire Intersport Slovenia
Intersport Austria is acquiring Intersport Slovenia Group, creating a combined entity operating in 12 countries with nearly €1 billion in sales.
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ArticlePlaytomic scores crowdfunding coup
Racquet-sport app Playtomic has raised €5.1 million from 4,600 investors in what appears to be a record crowdfunding round for a sports app.
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ArticleMammut owner explores €500m sale
Jacobs Capital seeks €500m+ for 162-year-old Swiss mountain sports brand as outdoor market consolidation accelerates with increased M&A activity.
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ArticleNike sells Rtfkt but retains presence in digital goods
Nike sold NFT brand Rtfkt to an undisclosed buyer in December, while facing a class-action lawsuit alleging a “rug pull” on investors.
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ArticleAnta reportedly eyes Pinault’s Puma stake
China’s Anta Sports Products has offered to buy 29 percent of struggling German sportswear firm Puma from France’s Pinault family, Reuters reports. The offer, made weeks ago with financing secured, had been expected to exceed €40 per share but talks have stalled.
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ArticleFairfax takes 22% stake in Under Armour
Toronto-based investment firm Fairfax Financial Holdings has disclosed a 22 percent stake in Under Armour, totaling approximately 42 million shares.
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ArticleJapan trader Marubeni acquires Gola owner
Japanese trading house Marubeni has acquired British footwear brand owner Jacobson Group, adding heritage brand Gola to its RGB-anchored lifestyle brand platform.
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ArticleNike’s Converse dilemma
Speculation mounts about Converse’s future within Nike’s portfolio as the heritage brand faces sharply declining sales and strategic questions.
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News briefsDecathlon declares intent to acquire parts of Intersport Spain
Decathlon has informed Spain’s competition authority of its intent to acquire Intersport Spain’s buying group and services.
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ArticleKKR to acquire sports investor Arctos for $1bn
Private equity giant KKR moves to acquire sports-focused investment firm Arctos Partners for $1bn, marking its second major sports platform acquisition
