AKD has provided Luxembourg law advice to Bridgepoint and the Canada Pension Plan Investment Board (CPP Investments) on the sale of Dorna Sports S.L. to Liberty Media in a transaction that values the company at €4.2 billion.

Dorna is the international sports management, media, and marketing company that holds the global rights to organise the MotoGP and WSBK Championships, which together represent the two preeminent motorcycle racing series in the world.

The transaction is subject to customary conditions and regulatory approvals, and it is expected to complete later in 2024.

The AKD team has been led by Cédric Bless and Imède El Moudden from our Luxembourg office.

The global legal adviser to Bridgepoint and CPP Investments was Latham & Watkins, led from London by David Walker, Michael Houlder and Oscar Phillipson.

For more information, please see the press release from Dorna here.