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Arctos agrees to buy 10% of Atlanta Falcons in $10.6 billion deal
The transaction values the club at $10.6 billion based on the price for Arctos' 10% stake, according to two sources.
Arctos has agreed to buy a 10% stake in the Atlanta Falcons in a deal valued at $10.6 billion, according to two sources cited by CNBC Markets.
The report says the private equity firm will acquire the minority stake, setting the valuation for the arrangement at that $10.6 billion level.
The news adds another high-profile sports ownership transaction to the broader market for large private investments, with the terms anchored to the reported valuation.