Tag: IMG

Saudi Arabia overdrive to buy tennis shows

Saudi Arabia to target tennis tournaments

Saudi Arabia is pushing to purchase two of the most prestigious tournaments in professional tennis, with representatives of the country’s investment funds making recent pitches to take over events in Miami or Madrid, according to four people with knowledge of the discussions. ‘The Athletic’... » Read more

RIL IMG Worldwide stake acquisition completed

Reliance buys out IMG

Indian conglomerate Reliance Industries has acquired sports and entertainment marketing agency IMG’s 50 percent stake in their joint venture IMG-Reliance. Reliance Industries Limited (RIL) is an Indian multinational conglomerate company headquartered in Mumbai, Maharashtra, India. Reliance owns... » Read more

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