7 May 2017, 02:26 (Ref:3731812)
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#21
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Veteran
Join Date: Aug 2004
Posts: 3,269
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Interesting development
http://www.theaustralian.com.au/busi...cfc9376b540eae
Quote:
It is understood that Sports and Entertainment Limited, which sold Archer a 65 per cent stake in the business in 2011 for $180 million, has been studying sales documents for V8 and will be one of the parties attending management meetings about the business in UBS offices over the next two weeks.
SEL, a sports promoter that also acts as adviser to personalities such as Melissa Doyle, Shane Warne and George Gregan, did not comment on its level of interest.
SEL will join Fox Sports in pursuing the operation.
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