BRUSSELS, April 8 (Reuters) - EU antitrust regulators are set to approve Formula One owner Liberty Media's FWONA.O, 3.5-billion-euro ($3.8 billion) acquisition of MotoGP owner Dorna Sports, people with direct knowledge of the matter said.
Liberty Media announced the deal to buy 86% of MotoGP in April last year, with Dorna management keeping around 14% of its equity, giving the deal an enterprise value of 4.2 billion euros for Dorna/MotoGP and an equity value of 3.5 billion euros.
(Reporting by Foo Yun Chee; Editing by Emelia Sithole-Matarise)
((foo.yunchee@thomsonreuters.com; +32 2 585 2866; Reuters Messaging: foo.yunchee.thomsonreuters.com@reuters.net))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.