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...Earlier this year, Endeavor disclosed to shareholders it had fully written down its investment in Learfield after recording tens of millions of dollars in impairments in 2022....
...Windsor joined Abrdn in October after holding the same role at housebuilder Persimmon. He previously worked at insurance group Aviva for more than a decade....
...It is down nearly 17 per cent since January 1 as top holding Tesla has fallen about 37 per cent this year....
...Endeavor faced competition from two other bidders but McMahon and Endeavor’s chief executive, Ari Emanuel, raced to complete the tie-up over WWE’s annual WrestleMania weekend extravaganza in early April....
...With no vote, their only recourse is either trusting the independent directors of Endeavor or pursuing litigation....
...Emanuel will roll his equity holdings into the privatisation alongside other Endeavor executives....
...Endeavor owns half. Meanwhile, France’s Pinault family acquired talent agency CAA for $7bn. Analysts estimated the valuation at 13 times annual ebitda, higher than the figure for Endeavor....
...“Silver Lake firmly believes in Endeavor’s business and is not interested in selling its shares in Endeavor to a third-party nor in entertaining bids for assets that are a part of Endeavor,” it added....
...Endeavor’s shares in TKO will also be a valuable financing mechanism. For Endeavor CEO Ari Emanuel, who will roll his equity holdings into the privatisation, the deal looks like a win....
...The growing gap between Endeavor and the value of its assets was made even clearer following the acquisition of talent agency rival CAA by Artémis, the family holding company of French billionaire François-Henri...
...Perhaps just as frustrating for Emanuel was the acquisition in September of his longtime talent agency rival, CAA, by Artémis, the family holding company of French billionaire François-Henri Pinault....
Thank [expletive] for Michael O’Leary
...Accor and Dubai Holding declined to comment. Any possible partnership could extend to the Orient Express hotel and train assets, the people added....
...Several retail brokers, including Robinhood and Interactive Brokers, now offer 24-hour weekday access to US stocks with trades either matched with their internal holdings, or conducted via a “dark pool”...
...And Silver Lake said last month that it was considering taking entertainment group Endeavor private again after the company and its chief executive Ari Emanuel became frustrated with lacklustre share price...
...Its largest holdings included Alphabet, Canadian National Railway, Visa, General Electric and rating agency Moody’s as at the end of September, according to a regulatory filing....
...Jana Partners, the prominent US activist fund with around $2bn in assets, announced on Wednesday that it would work alongside Cannae Holdings, a financial sponsor holding company....
...Pyne founded Bruin in 2015 following the sale of IMG to Hollywood powerbroker Ari Emanuel’s media agency Endeavor....
The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times
...The deal allowed Credit Suisse to cut its holdings of such assets from $75bn to $20bn. Apollo rebranded the business as Atlas....
...TKO Group began trading on the New York Stock Exchange on Tuesday, with Endeavor holding a 51 per cent controlling interest and WWE shareholders 49 per cent....
...In 2019 he attempted to take Endeavor public, but pulled the plug after failing to reach the valuation he sought....
...TPG sold a controlling stake in the talent agency CAA to Artémis, the holding company of the Pinault family, at a $7bn valuation....
...With Labour holding a big lead in opinion polls over the Conservatives ahead of the general election expected later this year, any change of view by the main opposition party could be problematic for the...
...On Tuesday, Endeavor announced the completion of its deal to acquire World Wrestling Entertainment and house it under a newly listed entity that also includes UFC....
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