Friday, November 22

Tag: Franchises

Sigma Healthcare Agrees to $5.79 Billion Merger With Pharmacy Chain
11Dec By adminNo Comments
World

Sigma Healthcare Agrees to $5.79 Billion Merger With Pharmacy Chain

SYDNEY—Australian drug supplier Sigma Healthcare agreed to merge with privately owned pharmacy operator CW Group, creating a listed company worth more than 8.8 billion Australian dollars (US$5.79 billion).Sigma on Monday said it would pay A$700 million in cash and issue sufficient new shares for CW Group, the operator of Australia’s prominent Chemist Warehouse pharmacy chain, to own 86% of the combined company. Shareholders of Sigma, which has a market capitalization of A$810.4 million, would own the remainder.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Mark Cuban Is Set to Sell Majority Stake in Dallas Mavericks to Adelson Family
29Nov By adminNo Comments
World

Mark Cuban Is Set to Sell Majority Stake in Dallas Mavericks to Adelson Family

One week before the NBA touches down in Las Vegas for the final of its inaugural In-Season Tournament, Sin City has forged another link to the hardwood. The family of the late casino mogul Sheldon Adelson has agreed to buy a majority stake in the Dallas Mavericks from entrepreneur Mark Cuban, a source familiar with the deal said Tuesday.Las Vegas Sands disclosed plans by Miriam Adelson, Sheldon Adelson’s widow, to sell an estimated $2 billion in stock in the company, which a regulatory filing said would be “used to fund the purchase of a majority interest in a professional sports franchise…subject to customary league approvals.” NBA reporter Marc Stein first reported that the franchise in question would be the Mavericks.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87...
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Mark Cuban Is Set to Sell Majority Stake in Dallas Mavericks to Adelson Family
29Nov By adminNo Comments
World

Mark Cuban Is Set to Sell Majority Stake in Dallas Mavericks to Adelson Family

One week before the NBA touches down in Las Vegas for the final of its inaugural In-Season Tournament, Sin City has forged another link to the hardwood. The family of the late casino mogul Sheldon Adelson has agreed to buy a majority stake in the Dallas Mavericks from entrepreneur Mark Cuban, a source familiar with the deal said Tuesday.Las Vegas Sands disclosed plans by Miriam Adelson, Sheldon Adelson’s widow, to sell an estimated $2 billion in stock in the company, which a regulatory filing said would be “used to fund the purchase of a majority interest in a professional sports franchise…subject to customary league approvals.” NBA reporter Marc Stein first reported that the franchise in question would be the Mavericks.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87...
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