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CVC Capital Partners makes £275m bid for Premiership rugby
POSTED 06 Sep 2018 . BY Tom Walker
If accepted, the deal would see the 12 Premiership clubs plus London Irish receive a one-off cash payment of around £16m Credit: Shutterstock
CVC Capital Partners, the former owner of Formula 1 and one of Europe’s biggest private equity firms, has made a bid to take over Premiership rugby, believed to be worth around £275m.

If accepted by the league's stakeholders, the deal would see CVC take a 51 per cent controlling interest in Premiership Rugby.

Premiership Rugby will discuss the bid at a meeting next week, although no decision is expected to made until later this year.

If accepted, the deal would see the Premiership shareholders – the current 12 top flight clubs plus London Irish – receive a one-off cash payment of around £16m.
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CVC Capital Partners – one of Europe’s biggest private equity firms – is preparing to bid for the Blackstone-owned Center Parcs, thought to be worth around £2.5bn (US$3.8bn, €3.5bn).
  CVC and Blackstone launch US$1bn sale of Merlin shares


Private equity firms CVC and Blackstone have launched the sale of their remaining shares in Merlin Entertainments.
  Blackstone sells Merlin stake to CVC


Luxembourg-based CVC Capital Partners has acquired a 28 per cent share in UK-based visitor attractions operator Merlin Entertainments.
 


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06 Sep 2018

CVC Capital Partners makes £275m bid for Premiership rugby
BY Tom Walker

If accepted, the deal would see the 12 Premiership clubs plus London Irish receive a one-off cash payment of around £16m

If accepted, the deal would see the 12 Premiership clubs plus London Irish receive a one-off cash payment of around £16m

CVC Capital Partners, the former owner of Formula 1 and one of Europe’s biggest private equity firms, has made a bid to take over Premiership rugby, believed to be worth around £275m.

If accepted by the league's stakeholders, the deal would see CVC take a 51 per cent controlling interest in Premiership Rugby.

Premiership Rugby will discuss the bid at a meeting next week, although no decision is expected to made until later this year.

If accepted, the deal would see the Premiership shareholders – the current 12 top flight clubs plus London Irish – receive a one-off cash payment of around £16m.



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