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RBAC - RedBall Acquisition News Story

$10.04 -0.1  -0.8%

Last Trade - 16/04/21

Sector
Financials
Size
Mid Cap
Market Cap £626.1m
Enterprise Value £625.0m
Revenue £n/a
Position in Universe 2968th / 6850

BUZZ-RedBall Acquisition: Rises on report of deal talks with Red Sox owner

Mon 12th October, 2020 12:26pm
** Shares of blank-check co  RBAC.N  up 19.16% at $12
premarket
    ** Co in talks to take famed sports holding co Fenway Sports
Group LLC public, a person familiar with matter told Reuters
late on Friday  urn:newsml:reuters.com:*:nL1N2H1014
    ** Deal being discussed would merge Fenway Sports Group with
RedBall Acquisition Corp and will value Fenway at ~$8 bln,
including debt
    ** RBAC, a special purpose acquisition co, is co-chaired by
former Goldman Sachs banker Gerald Cardinale and baseball
executive Billy Beane
    

 (Reporting by Madhvi Pokhriyal in Bengaluru)
 ((Madhvi.pokhriyal@thomsonreuters.com))
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