CVC’s Global Sport Group to announce deal with Gordon Brown-linked Pimco

cityam
2026.02.11 13:50
portai
I'm PortAI, I can summarize articles.

CVC’s Global Sport Group is set to announce a £2bn debt financing deal with Pimco, an asset management group linked to former UK Prime Minister Gordon Brown. The deal, expected to be finalized soon, will enhance CVC's portfolio, which includes stakes in various sports leagues. CVC recently completed a $300m investment in Equine Network and is looking to expand its sports assets further this year, potentially in the US market.