BC Partners seeks control of LIV Golf from Saudi wealth fund
UKPulse Money Desk
Private equity firm BC Partners is looking to acquire control of LIV Golf by purchasing a bankruptcy loan from Saudi Arabia's Public Investment Fund.
- BC Partners aims to take control of LIV Golf.
- The firm intends to purchase a bankruptcy loan from the Public Investment Fund.
- The move is intended to revive failed golf league assets.
Private equity firm BC Partners is seeking to take control of LIV Golf from Saudi Arabia's Public Investment Fund. The firm reportedly plans to achieve this by purchasing the Public Investment Fund’s bankruptcy loan.
This action by BC Partners is aimed at reviving assets associated with the failed golf league.