Blavatnik $4.3bn refinancing for DAZN
DAZN, the sports streaming service, has agreed new financing arrangements with Access Industries, the holding company owned by billionaire investor Sir Len Blavatnik. As part of a recapitalisation, Access Industries subscribed for $4.3 billion (€3.79bn) of new shares in the Group’s topco, DAZN Group Limited, converting existing preference shares and retiring shareholder loans. This left […]