News: Finance

VicHealth grants provide opportunities for increased community sport participation

Health promotion foundation VicHealth’s latest funding round sees $750,000 allocated to encouraging less active Victorians to participate in community sport. More than 220 Victorian…

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Jul 1, 2019 Finance / Sport / Wellness /


International Olympic Committee overhauls bidding process for future Games

International Olympic Committee (IOC) members have approved a series of proposals set to dramatically change the bidding process for future Olympic Games, including ending the seven-year…

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Jun 29, 2019 Events / Finance / Sport /


Advent International to acquire majority stake in Debitsuccess owner TSG

Global private equity investor Advent International has agreed to acquire a majority stake in payment solutions provider the Transaction Services Group (TSG), the owner of Links…

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Jun 29, 2019 Finance / Fitness /


Lego owners lead £5 billion acquisition of Merlin Entertainments

Merlin Entertainments has agreed to be acquired by investors led by the owners of Lego in a deal that values the global attractions operator at £5 billion (US$6.35 billion). Merlin…

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Jun 28, 2019 Attractions / Entertainment / Finance / Tourism / Waterparks /


Leisure innovations key to Singapore’s redeveloped Funan shopping mall

After a three-year redevelopment, Singapore's Funan shopping mall has today reopened, featuring more than 180 stores, including new-to-market brands, new concept retail spaces and a…

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Jun 28, 2019 Entertainment / Finance / Recreation / Retail /


Ardent Leisure facing potential $80 million liability in wake of Dreamworld inquest

Shares in Dreamworld operator Ardent Leisure have dropped to a new low this week after analysts suggested it could face massive financial liabilities over the 2016 Dreamworld tragedy.…

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Jun 28, 2019 Attractions / Finance / Insurance / Legal / Tourism /


Owner looks for $1 billion plus sale of Fitness and Lifestyle Group

Quadrant Private Equity, the owner of the Fitness and Lifestyle Group, is reportedly offering the fitness giant for sale through investment banks UBS and Citi. The buyout fund, which…

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Jun 27, 2019 Finance / Fitness / Technology / Tourism /


Derwent Entertainment Centre needs significant upgrading to host Tasmanian NBL team

National Basketball League owner Larry Kestelman has advised that "significant upgrades" need to be undertaken at the Derwent Entertainment Centre before top-level basketball…

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Jun 27, 2019 Finance / Sport / Venues /


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