News briefs - Financing – Page 2
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News briefsSaudi Arabia pours another €18m into Newcastle United
Swedish Alexander Isak´s Newcastle United gets even more money from the Saudis, which now invests €18 million in the Premier League club.
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News briefsFrasers Group signals intention to buy XXL
Frasers Group, which owns 25.8 percent of XXL, has announced its intention to voluntarily offer all outstanding shares of XXL ASA.
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News briefsXXL to conduct an underwritten rights issue to secure €60 million
The company says that the issue is fully secured and that it has also agreed with lenders to extend its loan facilities.
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News briefsWomen-specific football shoe manucfacturer Ida Sports has closed a new funding round
Ida Sports, which has produced women specific football shoes since 2020, has now gained support from well-known Michele Kang’s Kynisca Sports Int’l.
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News briefsDecathlon Pulse invests in Rebike to boost refurbished e-bikes market
The investment aligns with Decathlon’s strategy of accelerating sustainability.
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News briefsToca Football raises $100m
Toca Football, which builds and operates “soccer training centers” and related “social entertainment venues,” has raised approximately $100 million in a Series F round.
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News briefsGhost has raised $40 million in funding
Ghost has raised $40 million in Series C funding led by L Catterton.
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News briefsFootasylum secures £35 millions in new funding
The funding package will support store expansion, sustainability and potential acquisitions.
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News briefsAgilitas Sports secures investment, hires creative leader
The Indian sportswear and athleisure solutions platform bolsters its growth strategy with money from Spring Marketing Capital.
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News briefsViento Padel raises €180 million through crowdfunding
The Italian start-up capitalizes on the booming padel trend.
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News briefsAvoli is announcing the completion of a $2.1 million seed round
The volleyball shoe brand, which officially launched last year, has secured new funding from a number of investors.
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News briefsJapanese financial institutions to sell $1.2 billion in Asics stock
A group of Japanese financial entities, including 15 banks and investment funds, plans to sell 73,916,500 shares of Asics’ common stock at 2,442.5 Japanese Yen (€14.60) per share through a secondary offering. This move comes after a remarkable year for the Japanese sportswear company, with its stock price surging over ...
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News briefsLululemon among backers of latest $65 million Samsara Eco funding round
Australian recycler Samsara Eco has raised about US$65 million in its latest funding round. Investors include Singapore state investment company Temasek, Hitachi’s venture capital arm, and Lululemon, which earlier this year started selling a jacket made from Samsara Eco’s recycled polyester. The latest round will be used by Samsara Eco ...
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News briefsIndoor pickleball franchiser raises its valuation
Pickleball Inc. has led a Series B round of funding for The Picklr, a North American franchise of indoor pickleball courts, with free leagues, tournaments and clinics. The company has now brought in $9 million, raising its valuation to about $59 million. In a little more than a year, The ...
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News briefsHas Shein already filed for an IPO?
We have been waiting for Shein to file for an IPO somewhere. According to Reuters, however, the filing appears already to have happened, in early June. It was done confidentially and in London. It seems, Reuters writes, that Shein has “updated China’s securities regulator officially about its change of listing ...
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News briefsSuperdry shareholders vote in favor of restructuring plan
Superdry’s shareholders said yes to the proposed rescue plan at an extraordinary general meeting on June 14. The vote follows the creditors’ approval of the plan on June 10, with 99 percent of them voting in favor of measures included in the plan, said the fashion company. Superdry will now ...
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News briefsCaleb Williams launches new investment firm
American football quarterback Caleb Williams is launching an investment firm named 888 Midas. The new entity will target “like-minded associations and select private equity, venture capital and real estate funding opportunities,” 888 Midas said in a statement. Williams is the first player selected in the 2024 National Football League (NFL) ...
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News briefsComing next year: a new women’s basketball league
A professional league for women’s three-on-three basketball will debut in January 2025 – and in Miami, to judge by its placeholder website. Called Unrivaled, the league was co-founded by WNBA players Breanna Stewart and Napheesa Collier. According to Sportico, it has just undergone a round of seed ...
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News briefsGolden Goose set to value almost €1.9bn at IPO
Italian luxury sneaker brand Golden Goose is aiming for a market capitalization of up to €1.86 billion when it goes public on the Milan Stock Exchange. The company has set a price range of €9.50 to €10.50 for the listing in order to raise up to €558 million before exercising ...
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