Game set and match as CVC clinches $150m stake in women's tennis tour

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Game set and match as CVC clinches $150m stake in women's tennis tour
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A long-awaited investment by the former F1-owner CVC Capital Partners in the Women's Tennis Association (WTA) will be unveiled as soon as Tuesday, Sky News learns.

Jessica Pegula of the US returns to Iga Swiatek of Poland during the final of the Qatar Open WTA tennis tournament in Doha. Pic: APThe buyout firm which has struck major investments in football, rugby and motor racing is to unveil a stake in the body behind women's professional tennis, paving the way for a shake-up of the sport's commercial activities.

The strategic partnership, which has been under discussion for close to two years, will involve the establishment of a new company overseeing broadcasting and marketing operations.

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