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Women’s tennis tour, WTA, in commercial partnership with CVC

Por: ABC News Business March 07, 2023

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The women’s professional tour launched a commercial enterprise with CVC Capital Partners on Tuesday to increase revenues for the sport, with the investment manager contributing $150 million for a 20% stake in what will be known as WTA Ventures LLC.“Obviously, the ambition is to materially grow women’s professional tennis. Grow our profile, its value, the prize money,” WTA Chairman and CEO Steve Simon said. “This arrangement is... + full article



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