FIFA working with UBS to raise up to $2 billion, Bloomberg News reports
June 27 (Reuters) – Soccer governing body FIFA is seeking to raise up to $2 billion to expand its streaming service and a formal process is expected to kick off next month, Bloomberg News reported, opens new tab on Thursday.
The international body is working with UBS Group AG for the fund-raise that is expected to target financial investors in the United States and Middle East, the report said, citing people with knowledge of the matter.
Source: REUTER