Telecom Italia Group (TIM) has received a non-binding offer from CVC to buy a minority stake in a new company that would include the activities of its Enterprise division.
Top Spanish clubs sue LaLiga and CVC
Athletico Bilbao, Barcelona and Real Madrid have decided to take legal action against LaLiga, its president, Javier Tebas and the private equity fund CVC following a strategic agreement signed between the parties last Sunday (December 12).
Sky sells betting business to CVC
Sky has agreed to sell a controlling stake in its online betting and gaming business, Sky Bet, to CVC Capital Partners in a deal which values Sky Bet at £800 million.
Constantin Medien sets new hopes on Sport1
German media company Constantin Medien expects its sports business to grow again.
Malone and Discovery racing for F1 stake
John Malone and Discovery Communications are in talks to acquire a 49% stake in Formula One, according to a New York Post report.