Fortune Term Sheet· Emma Burleigh·· 1 days agoAI Score33
Walmart Chair Greg Penner Joins Consortium Buying 42% Stake in Valencia CF at €1.2B Valuation
Millionaire Walmart chair Greg Penner adds soccer club Valencia CF to his investments—he already owns NFL’s Denver Broncos and part of a baseball team
AI Overview
A consortium including Walmart chairman Greg Penner's Penner Sports agreed to buy 42% of Valencia CF at a €1.2 billion ($1.34 billion) valuation.
Source:Fortune Term Sheet · fortune.com