The UFC’s owners are staying large and in charge.
WME-IMG is expected to receive a $1.1 billion investment primarily involving a Canadian pension plan fund and a Singaporean wealth fund, with the deal expected to be negotiated by mid-August, according to entertainment news site The Wrap.
The investment will boost WME-IMG’s value from a $5.5 billion in 2016 to $6.3 billion.
Per The Wrap, Silver Lake Partners (a major WME-IMG stakeholder) sent out a letter to investors informing them that this move will allow for the buying out of the UFC’s minority partners and provide additional funding for various projects.
The foreign investors in question are the Canada Pension Plan Investment Board and the Government of Singapore Investment Fund, both of whom are already in limited partnership with Silver Lake.
Source:: mma fighting