SoftBank-backed sports retailer Fanatics valued at $18 bln in capital raise ...Middle East

Fanatics, the world’s biggest licensed sports merchandise retailer, has raised $325 million from new and existing investors in a funding round that valued the company at $18 billion, a person familiar with the matter said on Tuesday. Current backers SoftBank and Silver Lake, as well as new investors such as Jay Z, participated in the round, the source said, requesting anonymity.

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