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Finance Notes: Alisher Usmanov Relinquishes Control Of Mail.ru

Russian billionaire Alisher Usmanov transferred control of search and social media company Mail.ru to management, the company said Monday. Usmanov said that his USM Holdings relinquished control over London-listed Mail.ru, which "will now have no single controlling shareholder." CEO Boris Dobrodeev and his deputy will take up USM's two seats on Mail.ru's board (FINANCIAL TIMES, 10/22).

Rallye, the parent company of French retailer Casino, said on Monday that one of its subsidiaries received a binding offer for its Courir sports brand, the "latest move by the group to raise cash and cut debt." Groupe Go Sport, which is a wholly-owned subsidiary of Rallye, received an offer for its sneaker business Courir from mid-market private equity firm Equistone Partners Europe, for an equity value of €283M ($324.5M) (FT, 10/22).

SBJ Morning Buzzcast: March 25, 2024

NFL meeting preview; MLB's opening week ad effort and remembering Peter Angelos.

Big Get Jay Wright, March Madness is upon us and ESPN locks up CFP

On this week’s pod, our Big Get is CBS Sports college basketball analyst Jay Wright. The NCAA Championship-winning coach shares his insight with SBJ’s Austin Karp on key hoops issues and why being well dressed is an important part of his success. Also on the show, Poynter Institute senior writer Tom Jones shares who he has up and who is down in sports media. Later, SBJ’s Ben Portnoy talks the latest on ESPN’s CFP extension and who CBS, TNT Sports and ESPN need to make deep runs in the men’s and women's NCAA basketball tournaments.

SBJ I Factor: Nana-Yaw Asamoah

SBJ I Factor features an interview with AMB Sports and Entertainment Chief Commercial Office Nana-Yaw Asamoah. Asamoah, who moved over to AMBSE last year after 14 years at the NFL, talks with SBJ’s Ben Fischer about how his role model parents and older sisters pushed him to shrive, how the power of lifelong learning fuels successful people, and why AMBSE was an opportunity he could not pass up. Asamoah is 2021 SBJ Forty Under 40 honoree. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

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