Endeavor to sell OpenBet and IMG Arena for $450m to management-led group OB Global

Endeavor to sell OpenBet and IMG Arena for $450m to management-led group OB Global

In a strategic move poised to reshape the sports betting and data landscape, Endeavor Group Holdings has announced the sale of its subsidiaries, OpenBet and IMG Arena, to OB Global, a management-led consortium, for approximately $450 million. This transaction marks a significant step in Endeavor’s plan to streamline its operations ahead of its anticipated privatization. […]