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Carlyle and Bain Prepare Bids for Minority Stake in Serie A Media Rights

Carlyle Group logoCarlyle Group
Sig2.45Sen+1.70Env0.00Soc0.00Gov0.00

Carlyle Group and Bain Capital are preparing bids for a minority stake in a venture holding Serie A’s international media rights, including betting and sponsorship abroad. Italian fund Nextalia is also expected to bid, with binding offers for a 10% to 20% stake due by Friday. The unit generates about $231M in core earnings and could be valued up to $4.65B.

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