TKO Group to acquire some Endeavor sports assets for $3.25 bln (updated)

Endeavor group

24/10/2024 12:09

(Adds details in paragraph 2)
       Oct 24 (Reuters) - TKO Group Holdings  TKO.N  said on
Thursday it would acquire some of Endeavor Group Holdings'
 EDR.N  sports assets in a deal valued at $3.25 billion.
    The deal will include Endeavor's Professional Bull Riders,
On Location and IMG. These are expected to boost TKO's existing
core Ultimate Fighting Championship and World Wrestling
Entertainment businesses.
    

 (Reporting by Harshita Mary Varghese in Bengaluru; Editing by
Shilpi Majumdar)
 ((HarshitaMary.Varghese@thomsonreuters.com;))