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KKR co-founders-backed group buys 42% stake in Valencia CF
Reuters says the deal values the Spanish soccer club at €1.25 billion ($1.4 billion), including debt.
TLDR
Bloomberg reports that Pitchwise Holdings is acquiring the 42% stake from Meriton Holdings, which will remain Valencia CF’s majority owner. The investor group includes KKR co-founders Henry Kravis and George Roberts. Reuters says Valencia valued the club at €1.25 billion ($1.4 billion) in the deal, including debt.
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