DOJ seeks record $250 million penalty from KKR over alleged merger violations
A proposed DOJ settlement would impose a record $250 million penalty on KKR over alleged Hart-Scott-Rodino filing violations in 16 transactions.
A proposed DOJ settlement would impose a record $250 million penalty on KKR over alleged Hart-Scott-Rodino filing violations in 16 transactions.
The DOJ proposed a record $250 million KKR penalty over alleged merger-filing violations. The judgment still needs public comment and court approval.
Thomson Reuters expects about $500 million in gross proceeds while retaining a 49% stake, intellectual-property rights and editorial control.
FIFA abandoned a proposal to sell private-equity stakes tied to World Cup profits on August 1. President Gianni Infantino and senior officials met in Rabat on August 5 as scrutiny intensified.
FIFA President Gianni Infantino abandoned a proposed semi-private subsidiary for selling World Cup profits to private-equity investors as senior officials and continental confederations challenged his leadership.
Two bills introduced May 13 would restrict defined private-equity practices in youth sports, including stay-to-play rules and hidden fees, but neither is law.