Cadillac owner sells different sporting asset for $2.5 billion profit
·Updated 6 hrs ago·41 pts
TWG Global CEO Mark Walter sells LA Lakers for $12.5bn, making a $2.5bn profit, while ownership of Dodgers and Cadillac F1 remains unchanged.
TWG Global CEO Mark Walter sells Los Angeles Lakers for $12.5bn after $10bn purchase; ownership of Dodgers and Cadillac F1 unchanged as Budkowski replaces Lowdon
Who’s who
- Graeme Lowdon is the team principal at Cadillac.
The coverage
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