Dec 10, 2024 · The letter, which has since been circulated in the media, suggested that FIS dismissed a compelling offer from CVC for the media rights of ski and snowboard competitions without proper consideration due to the centralization process of international broadcast and media rights with Infront.

Dec 20, 2024 · Last week, a letter circulated around the internet which stated that the International Ski & Snowboard Federation (FIS) turned down a €400 million ($417.54 million) offer from the CVC Capital Partners that would alter the media landscape of skiing and snowboarding. CVC is a private equity and investment firm.

Recent reports suggest that FIS declined a €400 million proposal from the private equity firm CVC to form a joint venture centralizing media rights. This decision demonstrates prudence and reflects the complexity of such agreements. Several critical issues warrant consideration:

Dec 10, 2024 · Skiing and snowboarding body said private equity funding would not clash with its rights centralisation plans. The International Ski and Snowboard Federation (FIS) has strongly denied claims that it has rejected a lucrative investment offer from CVC Capital Partners.

Dec 11, 2024 · The International Ski Federation (FIS) has found itself at the centre of a debate following its decision not to pursue a €400 million investment proposal from CVC Capital Partners, one of the...

Dec 10, 2024 · On November 30, the financial company CVC is said to have offered the FIS the opportunity to purchase 400 million euros and take over the central marketing of media and sponsorship rights...

Dec 10, 2024 · The International Ski and Snowboard Federation (FIS) is now attempting to defend itself against criticism from claims that it has turned down a lucrative investment offer from private equity firm CVC Capital Partners.

The International Ski and Snowboard Federation (FIS) is now attempting to defend itself against criticism from claims that it has turned down a lucrative investment offer from private...

Dec 7, 2024 · The FIS has rejected an investment offer of 400 million euros. The Luxembourg-based company CVC wanted to invest in the marketing of all FIS sports.

Dec 10, 2024 · The Luxembourg financial investor CVC is said to have offered the FIS on November 30th to purchase 400 million euros from the FIS and to take over the central marketing of media and...