How Talktalk went from taking on BT to being rescued by it Telecoms TalkTalk was founded to take on BT, slash the price of broadband and shake up a market dominated by a handful of incumbents. But more than two decades later, the challenger has ended up in the arms of the company it was built to challenge. BT stepped in on Monday to buy Talktalk and its [...]
Spire Healthcare overhauls board amid £1bn private takeover Business The chief executive and chair of Spire Healthcare have stepped away amid a £1bn takeover of the London-listed private hospital group. Veteran boss Justin Ash has said he will retire from the group as it “enters a new phase with strong foundations” under its new ownership by a consortium of investors. Spire’s board have agreed [...]
Leeds United investor buys stake in Spanish giants Atletico Madrid Sport Business Leeds United investor IDC Sports and Entertainment has expanded its multi-club portfolio by acquiring a stake in Atletico Madrid. IDC has joined the ownership of Spain’s biggest privately-owned football club following the recent majority takeover by US fund Apollo Sports Capital. IDC has taken a minority stake in Atletico Madrid, who sit fourth in Spanish [...]
Atletico Madrid valued at £2.2bn after Apollo Global Management acquisition November 10, 2025 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 [...]
Private equity in NFL incredibly successful, commissioner Goodell says October 24, 2025 Private equity sales in the NFL have been “incredibly successful”, according to the American football league’s commissioner Roger Goodell. It comes after the league voted to allow NFL franchise stakes to be sold to the sector for the first time in 2024. Those stakes are capped at 10 per cent of a franchise but are [...]
Six Nations investors CVC Capital Partners in debt plan talks with Ares, reports October 15, 2025 CVC Capital Partners’ recently formed £9bn sport fund juggernaut is in talks with Ares Management about a mega debt deal. The Global Sport Group – which includes investments such as LaLiga, Premiership Rugby and the Six Nations – is reportedly in talks with a number of firms including US-based Ares Management over a multi-billion dollar [...]