Live Nation Entertainment Inc. Increases Stake to 75% in OCESA, Now a Majority-Owned Subsidiary

Reuters

Aug 30

<a href="https://laohu8.com/S/LYV">Live Nation Entertainment</a> Inc. Increases Stake to 75% in OCESA, Now a Majority-Owned Subsidiary

Live Nation Entertainment Inc. has expanded its stake in OCESA Entretenimiento, S.A. de C.V., a leading entertainment company. The acquisition involved purchasing an additional 24% of OCESA from Corporación Interamericana de Entretenimiento, S.A.B. de C.V., bringing Live Nation's ownership to 75%, thereby making OCESA a subsidiary of Live Nation. The deal, valued at approximately 12,118.6 million Mexican pesos (or about $651.5 million), was financed through a combination of Live Nation's available cash and borrowings under its revolving credit facility. This strategic move strengthens Live Nation's presence in the entertainment sector.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Live Nation Entertainment Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001335258-25-000132), on August 29, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Increases Stake to 75% in OCESA, Now a Majority-Owned Subsidiary","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/LYV\">Live Nation Entertainment</a> Inc. Increases Stake to 75% in OCESA, Now a Majority-Owned Subsidiary\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Live Nation Entertainment Inc. has expanded its stake in OCESA Entretenimiento, S.A. de C.V., a leading entertainment company. The acquisition involved purchasing an additional 24% of OCESA from Corporación Interamericana de Entretenimiento, S.A.B. de C.V., bringing Live Nation's ownership to 75%, thereby making OCESA a subsidiary of Live Nation. 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Increases Stake to 75% in OCESA, Now a Majority-Owned Subsidiary\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Live Nation Entertainment Inc. has expanded its stake in OCESA Entretenimiento, S.A. de C.V., a leading entertainment company. The acquisition involved purchasing an additional 24% of OCESA from Corporación Interamericana de Entretenimiento, S.A.B. de C.V., bringing Live Nation's ownership to 75%, thereby making OCESA a subsidiary of Live Nation. The deal, valued at approximately 12,118.6 million Mexican pesos (or about $651.5 million), was financed through a combination of Live Nation's available cash and borrowings under its revolving credit facility. 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ID: 0001335258-25-000132), on August 29, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4585","symbol_name":"ETF&股票定投概念","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250829:nNDL6Qh0V0:1","article_id":"2563072648","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2563072648","pubTimestamp":1756501271,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Live Nation Entertainment Inc. has expanded its stake in OCESA Entretenimiento, S.A. de C.V., a leading entertainment company. 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