Liberty Global Submits Bid for London-Based Basketball Franchise
Liberty Global (LBTYA) has submitted a bid to acquire a London-based basketball franchise that is part of a new European basketball league being developed by the NBA. The company is also exploring a potential partnership with MSP Sports Capital or its founder, Jahm Najafi. Additionally, Liberty Global is selling a 50% stake in Belgian network company Wyre, which could be valued at around EUR 1B.
