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Women’s tennis tour, WTA, in commercial partnership with CVC

Summary by Ground News
CVC Capital Partners contributing $150 million for a 20% stake in what will be known as WTA Ventures LLC. WTA Chairman and CEO Steve Simon: "The ambition is to materially grow womens professional tennis" Simon said there will be a decision about where to hold this season's WTA Finals by the end of March.

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abc News broke the news in United States on Tuesday, March 7, 2023.
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