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MARI acquires ATG and Jeff Bezos targets Liverpool FC stake
MARI is set to acquire ATG in a deal valued at approximately £4.5 billion (over €5.2 billion), pending regulatory approval. The acquisition includes ATG's Spanish business, previously integrated via the purchase of SOM Produce. As a result, prominent Madrid theaters such as the Rialto, Nuevo Teatro Alcalá, Nuevo Apolo, and Amaya will fall under MARI's portfolio, though ATG will maintain its brand and management team.
This transaction ends thirteen years of Providence's control over ATG. MARI aims to use the acquisition to strengthen its entertainment portfolio, which already includes assets like the Mutua Madrid Open and Hyde Park Winter Wonderland. The company intends to treat ATG as a long-term strategic investment, focusing on modernizing venues and enhancing audience experiences.
In a separate major business move, Jeff Bezos is reportedly part of a consortium seeking to acquire approximately 30% of Liverpool FC. Led by Amit Bhatia, the group includes Facebook co-founder Eduardo Saverin and utilizes K5 Global as a financial vehicle. The deal could value the club between €5.2 billion and €7 billion, with the option for investors to increase their stake or seek full control in the future. While Fenway Sports Group would initially retain management, the investment significantly expands the club's commercial capacity.
Entities
ATG · Jeff Bezos · K5 Global · Liverpool FC · Mari