WTA to Reportedly Sell $180M Stake to CVC Capital￼
July 5, 2022
The Women’s Tennis Association is securing a deal to sell a 20% stake in the organization to private equity firm CVC Capital Partners for $180 million, according to The Times.
The potential sale follows talks between CVC Capital, the WTA, and the Association of Tennis Professionals for a $600 million merger of the top men’s and women’s professional tennis tours. FOS