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PGA Tour and Saudi PIF Near Merger Deal
Report: Saudi Arabia Public Investment Fund to Acquire Share of PGA Tour Enterprises
Saudi Arabia's Public Investment Fund, the backers of LIV Golf, is reportedly nearing a deal to acquire a 6% stake in PGA Tour Enterprises. According to Bloomberg, that minority stake would indicate a valuation of about $12 billion,
PGA Tour, Saudi Public Investment Fund ‘nearing a deal’ for $750 million investment stake
The PGA Tour, Saudi Public Investment Fund and the DP World Tour entered into a framework agreement, announced June 6, 2023, that was effectively an agreement to halt litigation a
Saudi PIF Nears Deal to Invest in PGA Tour Enterprises
Saudi Arabia’s Public Investment Fund is nearing a deal to acquire a minority stake in PGA Tour Enterprises, according to people with knowledge of the matter.
Saudi's Public Investment Fund names Matteo Berrettini as tennis ambassador
Rafa Nadal was named an ambassador for the Saudi Tennis Federation, with the Spaniard saying that he was eager to help train children and grow interest in the sport.
PGA Tour, LIV Golf-owning Saudi Public Investment Fund near $750 million deal
The PGA Tour and the Saudi Public Investment Fund, which owns LIV Golf, are reportedly nearing a $750 million investment deal for PGA Tour Enterprises, but there are other details to be seen.
PGA Tour and Saudi PIF Near Merger Deal: A Game-Changing Development
The implications of this development are significant. Earlier speculation suggested the PIF might attempt to take control of the DP World Tour
Saudi PIF nearing deal for stake in PGA Tour Enterprises — with one major hold-up
The PGA Tour and Saudi Arabia’s Public Investment Fund reached an agreement for the PIF to invest more than a billion dollars into the Tour’s commercial arm, finalizing a pact that the two sides first announced back in 2023.
Report: PIF close to buying stake in PGA Tour Enterprises
The Public Investment Fund of Saudi Arabia -- the money behind LIV Golf -- is nearing the acquisition of a small share of PGA Tour Enterprises, Bloomberg reported Tuesday.
Saudi PIF Nearing Ownership Deal With PGA Tour: Report
Saudi Arabia's Public Investment Fund is reportedly nearing a deal to acquire an ownership stake in the PGA Tour.
10h
Saudi Arabia officially announced as the 2034 World Cup host. Human rights groups warn of ‘unimaginable human cost’
Global soccer governing body FIFA has officially announced the hosts for the next two men’s World Cups. However, the outcome ...
Skift
2d
Saudi’s Investment Fund Announces Plan to Build its Own Hotel Brands
The sovereign wealth fund of Saudi Arabia, known as the Public Investment Fund (PIF) launched the Hotel Management Company (Adeera).
22h
Revealed – Saudi Arabia Sovereign Wealth Fund PIF Tried To Buy Inter Milan From Suning In 2021
Saudi Arabian sovereign wealth fund Public Investment Fund (PIF) reportedly tried to acquire ownership of Inter Milan from ...
1d
LIV Golf owners to take 6% share of PGA Tour as merger reaches final stages
The PGA Tour have been in negotiations with the Public Investment Fund of Saudi Arabia (PIF) for some time, and it appears an ...
Arabian Business
1d
Saudi Arabia’s SNB Capital to launch public offering of new petrochemical-focused fund
Saudi Arabia’s Capital Market Authority (CMA) confirmed on Tuesday that it has approved the company’s request for the public ...
Zawya
3h
Innovative finance and partnerships accelerate climate action in Saudi Arabia
The session examined how financial innovation, public-private partnerships, and regulatory frameworks can bridge the gap ...
2d
Matteo Berrettini named tennis ambassador by Saudi Arabia's PIF
Saudi Arabia's Public Investment Fund has named Matteo Berrettini as its tennis ambassador, a role in which the Italian will ...
Onefootball
21h
Revealed – Saudi Arabia Sovereign Wealth Fund PIF Tried To Buy Inter Milan From Suning In 2021 | OneFootball
Saudi Arabian sovereign wealth fund Public Investment Fund (PIF) reportedly tried to acquire ownership of Inter Milan from ...
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