Atletico Madrid valued at £2.2bn after Apollo Global Management acquisition Sport Business LaLiga club Atletico Madrid has been valued at around £2.2bn after Apollo Global Management purchased a majority stake in the Spanish team. Chief executive Miguel Angel Gil Marin and president Enrique Cerezo will continue in post but the acquisition represents the latest private equity push into European football. It is understood that the US fund [...]
Apollo Global Management to launch £3.75bn sport investment vehicle Sport Business New York-based Apollo Global Management is reportedly planning to launch a £3.75bn investment vehicle focused on sport. The firm, which has around £600bn in assets under management, is set to invest permanent capital into sport for the first time with the new fund. Having previously held talks with LaLiga club Atletico Madrid about acquiring a [...]
TI Fluid Systems agrees to £1bn takeover as London exits accelerate Business ABC Technologies has reached an agreement to buy London-listed British manufacturer TI Fluid Systems for £1bn, following previous rejected proposals
Evri serves up record deliveries as online shopping soars November 18, 2024 Evri delivered 730m parcels in the 12 months to March, a 14.9 per cent year-on-year rise that helped profit more than double.