Treecorp Partners buys Brazilian soccer club Coritiba in $260 million deal
SAO PAULO (Reuters) – Brazilian private equity firm Treecorp Partners on Tuesday reached a deal to acquire soccer club Coritiba in a deal valued at about 1.3 billion reais ($260 million), the latest in a wave of recent investments in Brazil’s most popular sport. Under the deal, Treecorp will own 90% of the 113-year old club that plays out of Curitiba in Brazil’s southern state of Parana. Of the enterprise […]