Access Industries eliminates DAZN borrowings with $4.3bn recapitalisation

Access Industries, the multinational industrial group headed by billionaire Len Blavatnik, has moved to wipe out borrowings at DAZN Group, the global sports subscription service and media company, by subscribing to $4.3bn (€3.8bn) worth of new shares, turning loans into permanent capital.

This content is available to SportBusiness Media subscribers only

Talk to our team of experts about a subscription today

Already have an account? Sign in here