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Sovereign Wealth Funds Briefing - Categorized | Market

Qatar wealth fund loses bid for Swiss sports giant

Posted on 06 September 2011

Qatar Investment Authority, the Gulf state’s sovereign wealth fund, has lost its bid to acquire the media agency that controls the broadcasting rights to the FIFA World Cup.
London-based private equity firm Bridgepoint Capital agreed to pay €550m ($707m) for Infront, the agency that controls the rights to the World Cup, six winter sports federations, AC Milan and the World Superbikes series, British media reported Monday……………………………………….Full Article: Source


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