Business Intelligence

Global buyout firm CVC Capital Partners, the owner of IPL franchise Gujarat Titans, Monday announced plans to launch an initial public offering "in the coming weeks" and list on Euronext Amsterdam.

The IPO is expected to raise a minimum of €1.25 billion, with €250m coming from a mix of new shares as well as the sale of shares by existing shareholders.

Feb 13, 2019 09:02
MUMBAI: U Sports, the sports company owned by Indian media tycoon Ronnie Screwvala’s Unilazer Ventures, is bullish on making a positive impact on India’s ‘heartbeat sports’.
Feb 09, 2019 16:02
HAMPSHIRE, UK: A new study from Juniper Research has found that global consumer spend on digital content will reach $250 billion in 2019, an increase of $23 billion year-on-year.  
Feb 09, 2019 15:02
LIVERPOOL: Riding on its appearance in the UEFA Champions League final last season and its revival in the Premier League under manager Jurgen Klopp, Liverpool FC announced that it has broken the bank with a 125 million pounds ($162 million) profit during the last financial year which ended on 31 May 2018.
Feb 08, 2019 14:02
MUMBAI: U Sports, the sports company owned by renowned media personality Ronnie Screwwala, is confident of boosting net revenues to the Rs 300 million mark (a 114% rise) in the next financial year, Economic Times reports.
Feb 07, 2019 16:02
SINGAPORE: Content Arena, the recently launched B2B marketplace for sports media rights, has appointed Lasse Eckartsberg as the new director of Business Development.  Eckartsberg joined the team on February 1 and will work closely with the co-founders Sascha Kojic and Erik Lorenz on the development of partnerships with rights holders and buyers. 
Feb 07, 2019 16:02
NEW DELHI: Xiaomi has officially entered into the sports footwear category in India, a move that is in line with the Chinese smartphone major's larger efforts to expand its current portfolio in the lifestyle segment in the country.  
Feb 07, 2019 13:02
NEW YORK: Forbes, the reputed business magazine, has claimed that for the first time in history, all NBA teams barring the Cleveland Cavaliers have been profitable courtesy social media interactions, global expansion, renewed TV rights deals and new revenue generating opportunities from shifting home bases.
Feb 06, 2019 15:02
MUMBAI: Hero Caribbean Premier League franchise St Kitts & Nevis Patriots will be under new ownership for the upcoming CPL. City Sports, Hong Kong - part of the City Group of companies, bought the franchise from businessmen Uday Nayak and Mohammed Ansari, who owned the team in partnership with the government of St Kitts & Nevis.
Feb 06, 2019 14:02
NEW DELHI: FC Basel Holding AG announced on Wednesday it is taking a minority stake (emphasis ours) in Chennai City FC (CCFC).  According to the deal, FC Basel Holding AG will acquire a 26% stake in the I-League club and will see the Swiss club lend technical expertise and knowledge to their Indian counterparts.
Feb 05, 2019 12:02
NEW YORK: Sports data provider Sportradar the Tuesday announced the expansion of their global board including four prominent international names: Tony Aquila, Marc Walder, Herve Couturier and George Fleet.  These four join shareholder representatives Carsten Koerl (CEO of Sportradar), Canada Pension Plan Investment Board (CPPIB), and Silicon Valley-based growth equity firm TCV on the Sportradar Group board.