Sports Investment
Edward Rogers, executive chair of Rogers Communications, has acquired a minority interest in the Toronto Polar Bears, the sole Canadian team in the Pro Padel League. This investment underscores his enthusiasm for the growing racket sport and aims to boost its profile in North America. The move adds padel to his extensive sports portfolio in the city.
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Private equity firm CVC Capital Partners' Global Sport Group has made its first acquisition by purchasing a majority stake in US equestrian league Equine Network for $300 million. The deal marks the division's entry into American horse sports, with founder Tom Winsor remaining as CEO. The transaction is expected to close in the second quarter of 2026 pending regulatory approvals.