CVC to acquire stake in Serie A’s media rights business: Reuters

CVC Capital Partners is in exclusive talks to invest up to $2.37 billion in Italian soccer league Serie A's broadcasting rights business, reported Reuters.

CVC Capital Partners is in exclusive talks to invest up to $2.37 billion in Italian soccer league Serie A’s broadcasting rights business, reported Reuters. The news wire noted that the proposed deal “would buy a stake of up to 20 percent of a new company which would manage Serie A’s media rights for 10 seasons.”

Source: Reuters