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...Fraser said in the memo that no decision had been made on what the new leadership of Citi’s large commercial client business would be, or how it would be structured....
...It was a deal made possible by Saudi Arabia’s sovereign wealth fund, which has bankrolled the rebel tour LIV Golf....
...Along with Rory McIlroy, Woods is backing a new made-for-television golf league, TGL, now set to debut next year. In his statement Monday, Woods said: “People will ask if there is another chapter....
...The Trump family’s luxury Scottish golf resort made its first profit since the acquisition almost a decade ago....
...But John Angelos, son of the 94-year-old Orioles owner Peter Angelos, had made it his mission to keep the team in town....
...The original framework agreement was settled when the PGA Tour policy board was largely made up of people from its commercial operations, but now players — including Tiger Woods — have voting control after...
...The cheap yen has had a positive effect on the profitability of many Japanese companies, it has fuelled food and energy inflation but, crucially for Hawaii, it has made a dollar-denominated holiday feel...
...But these days, Villa is valued at more than £500mn after Sawiris and Edens agreed the sale of a minority stake in their V Sports vehicle to US investment firm Atairos in December last year....
...Only Teneo, however, responded to a request to reveal any of the fees they have made in Saudi Arabia. The firm said it made a little less than $10mn in 2022 from work for the PIF....
...From cold war to hot peace, golf keeps delivering fresh drama....
...The company has crafted just about every truly memorable Nike campaign since, while also making ads for Coca-Cola, Procter & Gamble and Microsoft — companies that came to W+K for ideas and panache rather...
...“Some of the charm of [Crans-Montana] has been killed in recent years,” says Levene, referring to changes made in the resort....
...But he was not retiring to play golf....
...The fund, which has already made 12 investments, including in a company developing a robotic arm for human-robot collaboration, plans to accelerate its investment pace in 2024 and focus on generative AI...
...People familiar with the continuing negotiations cautioned that the Senate documents “included proposals that PIF/LIV or their representatives made to the PGA Tour, which were quickly rejected . . . most...
...He has made it his mission to significantly reduce the proportion of companies with languishing P/B ratios, to bring the TSE to levels closer to those in the US (5 per cent of S&P 500 companies) and Europe...
...Days after the deal was made public, Monahan suffered an undisclosed “medical situation”, and turned over day-to-day operations to Price and Dennis, adding to the sense of uncertainty surrounding the deal...
...In announcing the stake sale, Alpine made it clear what it was after: partners who could build a global audience with smart campaigns....
...While the PGA and LIV tours have publicly postured that they were comfortable with the gulf in the game, legal action launched during the year-long feud made clear their mutual contempt....
..., Esperanza Carmel, has made is the Frank Lloyd Wright-designed Mrs Clinton Walker House....
...Highlights Walt Disney’s ESPN is nearing terms of an agreement to broadcast TGL Golf, the upstart team golf league helmed by Tiger Woods and Rory McIlroy....
...The venue and the company then split the income the new courts generate. There are risks....
...The PIF first made a splash on the international stage in 2016, with a $3.5bn investment in Uber, and it followed up with a $45bn bet on SoftBank’s Vision Fund....
...has shied away from live sport and instead doubled down on docu-series — investing heavily in tennis and golf equivalents....
...In today’s newsletter: Golf goes global Sequoia’s big break-up Pirelli considers pumping the breaks with China The $3bn reasons for a shock peace in golf Saudi Arabia’s Public Investment Fund has made...
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