financetom
Business
financetom
/
Business
/
EU regulators to clear without conditions Liberty Media's MotoGP deal, sources say
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
EU regulators to clear without conditions Liberty Media's MotoGP deal, sources say
Apr 8, 2025 6:43 AM

BRUSSELS, April 8 (Reuters) - EU antitrust regulators

are set to approve Formula One owner Liberty Media's ( LLYVB ),

3.5-billion-euro ($3.8 billion) acquisition of MotoGP owner

Dorna Sports, people with direct knowledge of the matter said.

Liberty Media ( LLYVB ) announced the deal to buy 86% of MotoGP in

April last year, with Dorna management keeping around 14% of its

equity, giving the deal an enterprise value of 4.2 billion euros

for Dorna/MotoGP and an equity value of 3.5 billion euros.

(Reporting by Foo Yun Chee; Editing by Emelia Sithole-Matarise)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Why Is Campbell Soup Stock Ticking Higher Today?
Why Is Campbell Soup Stock Ticking Higher Today?
Mar 6, 2024
Campbell Soup Company ( CPB ) reported a second-quarter FY24 decline of 1.2% year-on-year to $2.46 billion, beating the analyst consensus estimate of $2.44 billion. Net sales from the Meals & Beverages segment, both reported and organic, decreased 2%, and the Snacks segment was flat. Gross margin expanded 110 basis points Y/Y to 31.6%. Adjusted EBIT of $364 million increased by 1%...
Sotera Health Insider Sold Shares Worth $1,269,177, According to a Recent SEC Filing
Sotera Health Insider Sold Shares Worth $1,269,177, According to a Recent SEC Filing
Mar 6, 2024
09:34 AM EST, 03/06/2024 (MT Newswires) -- Michael P Rutz, President of Sterigenics, around March 02, 2024, sold 88,610 shares in Sotera Health ( SHC ) for $1,269,177. Following the Form 4 filing with the SEC, Rutz has control over a total of 544,409 shares of the company, with 544,409 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1822479/000095017024026450/xslF345X03/ownership.xml Price: 13.95, Change: -0.05,...
Aecon Group Rises More Than 6%, TD Maintains Hold
Aecon Group Rises More Than 6%, TD Maintains Hold
Mar 6, 2024
09:44 AM EST, 03/06/2024 (MT Newswires) -- Aecon Group Inc. ( AEGXF ) rose more than 6% on Wednesday. The Canadian construction and infrastructure development company reported Q4 results before the market open. TD Securities analyst Michael Tupholme said Aecon's ( AEGXF ) adjusted EBITDA was approximately 12% ahead to consensus, due to higher-than-forecast margins, and adjusted EBITDA was below...
Stellantis brand Vauxhall calls for EV boosting subsidies after UK budget
Stellantis brand Vauxhall calls for EV boosting subsidies after UK budget
Mar 6, 2024
LONDON (Reuters) - The head of Stellantis ( STLA ) car and van brand Vauxhall on Wednesday criticised the lack of subsidies in the UK government's budget to help spur demand for electric vehicles as demand growth for zero-emission cars has been slowing. The budget presented by British finance minister Jeremy Hunt has not delivered the acceleration needed to stop...
Copyright 2023-2026 - www.financetom.com All Rights Reserved