CVC Capital Partners, the former owner of Formula 1, will take a 20 percent stake in a commercial subsidiary as the tour seeks to expand its marketing of events and players and increase prize money.
Category: CVC Capital Partners
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Elliott Management, Activist Investor, Buys a Stake in Salesforce
Elliott Management, the $55 billion hedge fund, has taken a big stake in the struggling tech giant, putting more pressure on its co-founder, Marc Benioff.
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American Money Has Discovered Indian Cricket
Billion-dollar investment funds and N.F.L. ownership groups are among those angling for a foothold in the Indian Premier League. The returns, not the sport, are the draw.