Basketball legend, Michael Jordan has officially reached an agreement to sell his stake in the Charlotte Hornets, ending his 13-year run as the majority owner. Hornets Sports & Entertainment confirmed on Friday, June 16 that Jordan reached an agreement to sell his majority stake in the Charlotte Hornets to a group led by Gabe Plotkin and Rick Schnall. Plotkin, who acquired a minority stake in the team in 2019, has been an alternate governor on the NBA Board of …
Tag: agreement
Amazon Founder, Jeff Bezos’ girlfriendLauren Sánchez’s will definitely have a financial turnaround if she says “I do” to the multibillionaire, an American attorney has revealed. Bezos’ wedding to Sánchez is the second time he would be walking down the aisle, as he was previously married to MacKenzie Scott for 26 years. Bezos’ and MacKenzie did not have a prenuptial agreement in place and when they announced their split in January 2019, there was a $137 billion fortune which Acott, 53, …
Italy-born Nigerian defender, Destiny Udogie has agreed in principle to join Tottenham from Udinese for £21million including add-ons this summer. Udogie, who has been tipped for a call-up to the senior Italy squad having already played for the U21s, is regarded as a long-term investment for Spurs. The 19-year-old will become a Tottenham player in a matter of days as a €20m agreement with his club has been reached. But the Premier League giants will send him back to Serie …
FCMB Group notified the Nigerian Stock Exchange that it’s pensions arm, FCMB Pensions Limited has entered into an agreement to acquire 96% of Aiico Pensions Limited. This appears to be part of a deliberate strategy to grow the Group’s investment management portfolio and build on the inherent synergies between this and banking. It will be recalled that FCMB Group increased its stake in Legacy Pensions (now FCMB Pensions) to 91.6 pecent in 2019 and now has full control of …
Nigerian singer, Solid Star has shocked his fans by setting the contract agreement he had with his former record label, Achievas Entertainment on fire. He took to his Instagram stories to share the videos of himself burning the contract agreement two years after he left the label following their strained relationship. Solid Star, who released two albums, ‘One In A Million’ (2010) and ‘W.E.E.D’ (2016) under the record label left in 2018. At that time, he …
The two biggest heavyweight boxers in the world, Tyson Fury and Anthony Joshua have agreed to fight each other, Eddie Hearn, Joshua’s promoter has revealed. The first of the historic fights could be staged in Saudi Arabia next year. Joshua regained his World Boxing Association, International Boxing Federation and World Boxing Organisation heavyweight titles in Riyadh in December by outpointing Andy Ruiz in their rematch while Fury dethroned Deontay Wilder in February to become World Boxing Council champion. …