The owner of the UFC brand has revealed the size of the partners' investments in the Russian JV :: Business :: RBC

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The owner of the UFC brand has revealed the size of the partners' investments in the Russian joint venture

The Russian-Chinese investment fund and the Arab Mubadala Investment Company, when it created the JV Russia UFC in July 2018, paid the owner of a sports brand, the American Endeavor, $ 9.7 million. This comes from the Endeavor material presented on the eve of the IPO to the US Securities Commission.

Last summer, the Russian-Chinese Investment Fund, established by the Russian Direct Investment Fund and China Investments Corporation, as well as Mubadala, announced a partnership with the owner of the Ultimate Fighting Championship (UFC) to develop the arts industry martial arts in Russia. The contribution and actions of each of the parties were not disclosed.

Russian investors have the option to repurchase their stake in the company after five and a half years, and the value of the option cannot be less than the investment made, declared in the Endeavor materials.

The RDIF representative did not comment on the numbers and terms of the option specified in the materials of the American company.



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