backer

The private equity backer of the Six Nations rugby championship is among the suitors pursuing a takeover of Center Parcs, the British chain of holiday resorts.Sky News has learnt that a vehicle managed by CVC Capital Partners…

The American company which has a stake in David Beckham's branded products portfolio has moved into pole position in the race to snap up Hunter Boot, the royal warrant-holding footwear brand.Sky News understands that…

The sports promoter created by Barry and Eddie Hearn has ended talks about the sale of a large stake to CVC Capital Partners, the buyout firm which backs Six Nations Rugby.Sky News has learnt that a period of exclusive…

The firm behind Binance's stablecoin, Paxos Trust Company, said the U.S. Securities and Exchange Commission (SEC) has told the company it should have registered the product as a security and is considering taking action against the…

New York's chief financial regulator has ordered Paxos, the company behind the stablecoin of major crypto exchange Binance, to stop issuing the token, Paxos said in a statement on Monday.The Binance USD (BUSD) stablecoin, one of the world's…

New York's chief financial regulator has ordered Paxos, the company behind the stablecoin of the Binance cryptocurrency exchange, to stop issuing the token, Binance CEO Changpeng Zhao said in a tweet on Monday.The Binance USD (BUSD)…

LONDON : Britain's Ben Ainslie hailed a new investment valuing his privately-owned SailGP team at $40 million as a vote of confidence in sailing's equivalent of Formula One.London-based Misland Capital will join Ainslie, the most…

UEFA met with A22 Sports, the company backing a proposed European Super League (ESL), in Nyon on Tuesday and once again rejected the idea of a breakaway league, Europe’s fotball governing body said. The meeting involved UEFA president…

MUNICH : Bernd Reichart, CEO of the company backing a proposed Super League, said on Wednesday that European football is losing its leading role in world sport and that clubs are not maximising their potential under the current…

A Saudi family-owned group that reaped billions as an early backer of electric truck-maker Rivian Automotive Inc., has made a new bet on battery-powered vehicles, this time investing in two- and three-wheeler vehicles…