Thomson Reuters to Sell 51% of Global Print Business to KKR for About $500 Million
Thomson Reuters expects about $500 million in gross proceeds while retaining a 49% stake, intellectual-property rights and editorial control.
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.