Investments

Agilitas acquires exclusive rights for Lotto brand in India, Oz, SA

SportzPower Team
Apr 19, 2024 20:04

Indian sports and athleisure company Agilitas Sports has acquired exclusive licensing rights to design, manufacture, and distribute Italian shoe brand Lotto in India, Australia, and soon South Africa for a period of 40 years for an undisclosed fee.

Agilitas Sports, which acquired the rights from WHP Global, is co-founded by former PUMA India and South-East Asia managing director Abhishek Ganguly. 

Feb 29, 2024 20:02
SPN Logo
Sony withdraws agreement to merge with ZEE from NCLT
Sony Corporation has officially withdrawn its agreement to merge its media and entertainment India unit Culver Max Entertainment (aka Sony Pictures Networks India), with Zee Entertainment Enterprises Ltd (ZEE), that it had filed with the National Company Law Tribunal, marking the end of a two-year plan to create a $10 billion media giant. 
Feb 29, 2024 20:02
ATP PIF partnership
Saudi investment fund PIF seals multi-year ATP partnership
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Feb 28, 2024 21:02
Disney Star Reliance
Reliance, Disney announce $8.5bn media assets merger
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Feb 26, 2024 17:02
Disney Star Reliance
RIL, Disney seal binding merger pact; deal closure this week: Reports
The stage is set for India to move into a single entity-dominant proposition in the broadcast media and entertainment arena. What with the Walt Disney Company and Reliance Industries Ltd (RIL) having reportedly signed a binding agreement to merge their respective subsidiaries Star India and Viacom18.  Per media reports, the merger announcement is expected any time this week. 
Feb 22, 2024 19:02
ON LOCATION WIZ-TEAM
On Location makes strategic investment in Wiz-Team
NEW YORK: On Location, the Endeavor-owned leader in premium experiences, hospitality, and travel, Wednesday announced it has made a strategic investment in Wiz-Team, a leading event and data management technology solution. 
Feb 22, 2024 18:02
X Games Shaun Neff
Action sports vet joins X Games ownership grp as investor, advisor
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Feb 21, 2024 20:02
Manchester United Jim Ratcliffe
Jim Ratcliffe completes minority investment in Manchester United
MANCHESTER, England: Manchester United plc, and Trawlers Limited, an entity wholly-owned by Jim Ratcliffe, Tuesday confirmed the completion the British billionaire's acquisition of 25% of the club’s Class B shares and 25% of the club’s Class A shares, following the satisfaction of all conditions, including approvals from the Football Association and the Premier League.
Feb 20, 2024 17:02
SPN Zee combo logo
ZEE, Sony return to talks table to revive merger: Reports
The leadership at Culver Max Entertainment (aka Sony Pictures Networks India), the Indian media arm of Japan's Sony Group, has reportedly returned to the negotiating table with Zee Entertainment Enterprises Ltd, with the aim of reviving the collapsed $10 billion merger plans, which ZEE has been strongly pushing for. 
Feb 16, 2024 19:02
Sony Corporation
Sony has no 'concrete plans' post Zee merger setback
Despite the collapse of its $10 billion merger plans with Zee Entertainment Enterprises Ltd (ZEE), Sony Corporation has asserted it is aggressively considering alternative opportunities for its India media and entertainment business.
Feb 14, 2024 18:02
Brooks Running
Berkshire’s Brooks Running delivers record revenue in 2023
SEATTLE: Brooks Running, a subsidiary of Berkshire Hathaway, finished 2023 with record revenue growth of $1.2 billion, up 5% year-on-year, and a record 20 million+ units sold. 
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