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The Latest Breaking News from CVC

Bundesliga investor deal halted as Blackstone drops out amid protests

Bayern Munich fans protest against DFL investor deal in Bundesliga. Blackstone drops out of negotiations due to fan protests, leaving CVC as the only poten...

Top News

Jagex acquisition won’t lead to RuneScape’s business models changing, CEO confirms

Jagex CEO Phil Mansell reassured RuneScape players that "there are no intentions of changing our [games'] business models."

TechRadar

RuneScape developer Jagex is on the verge of being acquired again, this time by the backers of the Six Nations rugby tournament in a deal worth $900 million

It would be the fourth buyout of Jagex within a decade.

PC Gamer

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TDP MPs seek probe by CBI, Central Vigilance Commission into A.P. ‘sand-mining scam’

TDP MPs urge CBI and CVC to probe sand-mining scam in AP. YSRCP leaders have been accused of illegally mining and transporting sand, fetching ₹40,000 crore.

The Hindu

CVC secretary visits Midhani

CVC secretary P. Daniel visited Midhani, observed the modernised facilities, released compendium of CVC circulars-2023 and praised vigilance activities. He had an interactive session with officials, stressing the importance of eradicating corruption and acknowledging Midhani's contribution to defence sector.

The Hindu

Central Vigilance Commission secretary visits Bharat Dynamics Limited

CVC secretary P. Daniel IDES visited BDL's Kanchanbagh unit, where he was briefed by CMD Commodore A. Madhavarao and CVC chief vigilance officer Upender Vennam. He released a compendium of CVC circulars and praised vigilance activities. He also visited the R&D and manufacturing facilities.

The Hindu

From F1 supremo to tax fraud conviction: the rise and fall of Bernie Ecclestone

Handshake approach that helped rule motorsport for decades appears to have been his downfall

The Guardian - UK

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Raising a first-time fund? This is the worst time to do it in 10 years

Capital from LPs is drying up—especially for newbies.

Fortune

Pondicherry University offers its response to HC order on CBI probe

Madras High Court has ordered CBI to probe misappropriation charges against Pondicherry University authorities without considering relevant records and parties. Registrar in-charge of PU said the court allowed them to file petition with facts and figures. They have also filed a defamation case against petitioner for levelling baseless allegations. CVC…

The Hindu

It’s Easy to Root for Christopher Eubanks

The unranked American has already downed No. 12 Cam Norrie and No. 5 Stefanos Tsitsipas.

Sports Illustrated

Novak Djokovic Headed to Wimbledon on Top of His Game

He has more majors than the rest of the 2023 field combined.

Sports Illustrated

‘Rugby needs a reset’: Premiership collapses show need for total reform

More pain could follow the calamities at Wasps, Worcester and London Irish but the determination exists to fight for rugby’s future

The Guardian - UK

Former F1 owner to enter £4bn race for Center Parcs resorts

CVC Capital partners poised to table bid for six sites across UK and Ireland

The Guardian - UK

Principality Stadium roof walk plan shelved as WRU divert CVC money to pro game

It had been hoped the attraction at the iconic venue would be operational by 2024 at the latest

Wales Online

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Birmingham Post

The Six Nations equity deal with CVC and the dilution facing Welsh rugby

Unless CVC helps to grow the commercial pie then the unions will see little upside besides bringing forward future revenues

The Guardian - UK

THG shares soar on takeover move amid spate of private equity bids for UK firms

Weak pound makes FTSE 250 firms ‘ripe for takeovers’ with John Wood Group and Network International also approached

Sports Illustrated

Why a Recent WTA Private Equity Deal Isn’t Necessarily Bad for Women’s Tennis

Jon Wertheim weighs in on the new deal, Seb Korda’s status and the return of the Hopman Cup.

The Independent UK

WTA Tour: Women’s tennis set for £125m investment from CVC

Private equity firm CVC Capital Partners are heavy investors in sport

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Bangkok Post

Focus on later stages creates local startup funding gap

Thailand's venture capital (VC) landscape is dominated by corporate venture capital (CVC) firms that chiefly aim to invest in later-stage startups, leading to an investment gap for early-stage startups, according a new report by global business advisory Deloitte.

Wales Online

The stark financial future for Wales' four regions as full details of new WRU funding deal revealed

It would see regional benefactors having to plough £25m of their money into the regions with big cuts in squad budgets

Birmingham Post

The challenging funding outlook faced by the Welsh rugby regions

The four regions and the Welsh Rugby Union have yet to finalise a new six-year funding deal

Irish Mirror

How much the IRFU and other Six Nations are getting for rugby's own 'Drive To Survive' documentary

The IRFU is set to pocket just over €100,000 from the Netflix documentary Six Nations - a fee that could rise to almost €140,000 if a second season is commissioned. It is believed that the Six Nations unions and CVC, the investment capital company

The Guardian - UK

One to watch: CVC

Channelling 60s California, this Welsh six-piece charm with classy psych-pop made for long summer evenings

The National (Scotland)

The lessons rugby union can learn from the Qatar 2022 World Cup

Were there any lessons for rugby union to be learned from the footie World Cup in Qatar? Believe it or not, I think there were.

Bangkok Post

Foreign suitors ponder K-Asset stake

Europe’s largest fund manager and two global buyout firms are among the shortlisted bidders for a stake in the asset management business of Kasikornbank Plc, according to people familiar with the matter.

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