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Exclusive-Private equity firms Carlyle, Bain, Oaktree readying bids for Serie A international media unit, say sources
1+ week, 4+ day ago (354+ words) MILAN, Sept 2 (Reuters) – Carlyle and Bain are among private equity funds preparing to bid for a minority stake in a company holding the international media rights of Serie A, three sources familiar with the matter told Reuters, in the latest…...
Dick’s Sporting Goods cuts annual forecasts as athleticwear demand weakens
2+ week, 5+ day ago (184+ words) Aug 25 (Reuters) – Dick’s Sporting Goods cut its full-year sales and profit forecasts on Tuesday, as pressured discretionary spending amid a cautious consumer environment weighed on demand for sporting goods and athletic apparel, sending its shares down 13% in premarket trading. The…...
Nike in exclusive talks to be UEFA Champions League match ball provider from 2027
5+ mon, 4+ day ago (390+ words) By Nicholas P. Brown April 9 (Reuters) – Nike is in exclusive negotiations to become the new official match ball provider for all UEFA men’s club competitions, according to a statement on Thursday from UC3, the joint venture between UEFA and European Football Clubs....
Winter Games medals get added lustre as metal prices soar
9+ mon, 1+ week ago (439+ words) By Matteo Negri and Giulia Segreti ROME, Dec 5 (Reuters) – For an Olympic athlete, the gleam of a medal is priceless, a reward for years of dedication and sacrifice. But with the recent surge in gold and other precious metal prices,…...
Callaway selling majority stake in Topgolf at $1.1B valuation
9+ mon, 3+ week ago (256+ words) Callaway has sold 60 percent of Topgolf to Los Angeles private-equity firm Leonard Green & Partners in a deal that values the business at approximately $1.1 billion. It brings an end to a promising combination of the Callaway golf brand and the Topgolf…...