Advent clinches Sportfive for €560m

SG Corporate and Investment Banking has led Advent International to an agreed €560m ($591m) takeover offer for the Euonext-quoted Sportfive, the French-listed television rights distributer.

SG has advised the private equity group on a number of other potential deals, but a source close to the bank said Sportfive was its first success.

WSJ Logo
Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire