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NBA announces the formation of new 'NBA Africa' valued at R14bn

The NBA, whose African operations are currently based in Johannesburg, will spend the cash building infrastructure such as offices, courts and stadiums and work to boost local interaction with fans and players ....

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NBA Africa Valued at $1 Billion With Watsa, Mutombo Backing

NBA Africa Valued at $1 Billion With Watsa, Mutombo Backing
Bloomberg
3 hrs ago
© Photographer: AFP Contributor/AFP
NBA Africa Valued at $1 Billion With Watsa, Mutombo Backing
(Bloomberg) The National Basketball Association Inc. is expanding in Africa through a deal that values its operations on the continent at $1 billion.
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Private equity firm Helios Fairfax Partners Corp. invested in the new African entity alongside Tunde Folawiyo, chairman of Yinka Folawiyo Group, the NBA said in a statement on Monday. Former NBA players Dikembe Mutombo, Junior Bridgeman, Luol Deng, Grant Hill and Joakim Noah also invested. Altogether, the investors have acquired an 8% stake, a person familiar with the deal said, asking not to be identified because the details are private. ....

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NBA Africa valued at US$1B with Watsa, Mutombo backing

NBA Africa valued at US$1B with Watsa, Mutombo backing
Loni Prinsloo, Bloomberg News
NBA
The National Basketball Association Inc. is expanding in Africa through a deal that values its operations on the continent at US$1 billion.
Private equity firm Helios Fairfax Partners Corp. invested in the new African entity alongside Tunde Folawiyo, chairman of Yinka Folawiyo Group, the NBA said in a statement on Monday. Former NBA players Dikembe Mutombo, Junior Bridgeman, Luol Deng, Grant Hill and Joakim Noah also invested. Altogether, the investors have acquired an eight per cent stake, a person familiar with the deal said, asking not to be identified because the details are private. ....

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Pershing Square Holdings, Ltd. Issues 2020 Annual Report and Financial Statements, Announces Annual General Meeting and Proposes Three New Directors

Pershing Square Holdings, Ltd. Issues 2020 Annual Report and Financial Statements, Announces Annual General Meeting and Proposes Three New Directors
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