BC Partners is seeking control of LIV Golf from a Saudi wealth fund, the Financial Times reported, according to Reuters.
The Saudi wealth fund currently controls LIV Golf, making this a notable development for investment watchers tracking Gulf-linked deals.
What is being reported
BC Partners is seeking control of LIV Golf. The entity currently holding control is a Saudi wealth fund. The report originated with the Financial Times and was relayed by Reuters.
Who is involved
The parties named are BC Partners, LIV Golf and the Saudi wealth fund, which is not identified by name in the report.
