License Global
January 4, 2022
1 Min Read
Authentic Brands Group
Authentic Brands Group will have a majority stake in soccer player David Beckham’s DB Ventures, according to Bloomberg.com.
According to the report, ABG will pay $269 million for a 55% stake in Beckham’s DB Ventures.
This is just one of many deals ABG has made since late 2020, including a deal with JD Group and CVC Capital Partners.
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