• Liberty Media buys Formula 1 for $ 4.4 billion

    Liberty Media buys Formula 1 for $ 4.4 billion

    Liberty Media Corporation billionaire John Malone will gain control of the Formula 1 (F1) racing series for $ 4.4 billion, according to the Financial Times (FT). The deal takes place in two stages: first, the American media company buys 18.7% of Delta Topco, the parent company of Formula 1, from a consortium of investors led by the direct investment fund CVC Capital Partners for $ 746 million. This part of the deal involves cash payments. The second phase should be completed in early 2017 after obtaining the approval of regulators and shareholders of Liberty. It will pay another $ 354

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  • The partners of the World Ice Hockey Championship are counting new customers

    The partners of the World Ice Hockey Championship are counting new customers

    Heineken Brewery sold about 1,100 hectoliters of beer in fan zones (or about 220,000 0.5-liter bottles) during the World Ice Hockey Championship in Russia from May 6 to 22, 2016, a company spokesman said. Heineken was the official sponsor of the championship and promoted the Krusovice brand. Sales of this brand in May increased by 5% compared to the same period last year, its market share increased in May by 0, 1 pp, and during April – June by only 0, 04 pp. n., said a Heineken spokesman. Heineken’s market share in Russia in volume terms in 2015 was 12.8%,

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  • Billionaire John Malone could become the owner of Formula 1

    Billionaire John Malone could become the owner of Formula 1

    Liberty Media Corporation of American media mogul John Malowna may soon buy a stake in Formula One Group, which owns the Formula One car business, for $ 8.5 billion, the German industry magazine Auto, Motor und Sport reported. Formula One Management CEO Bernie Ecclestone has confirmed: the deal could take place next week. The American company is expected to transfer the first tranche on Tuesday, the magazine writes. Selling part of the package is not only the main shareholder of Formula One Management investment fund CVC Capitals, but also “other shareholders”, say Auto, Motor und Sport and Spiegel Online, without

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  • FC Zenit sold players for a record 7.98 million euros over the summer

    FC Zenit sold players for a record 7.98 million euros over the summer

    Yesterday, the St. Petersburg football club “Zenith” agreed on the transfer of Argentine defender Esekiel Garay to the Spanish club Valencia CF, the clubs said, without disclosing the amount of the deal. According to the German portal transfermarkt.com, the market value and amount of Haraya’s transfer is 20 million euros. Garay is the last player to be sold to Zenit in the summer transfer window, which opened on June 9 and closed on the night of August 31 to September 1. In total, this summer, “Zenith” could earn on the sale of players, taking into account the commission of about

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