Live Nation Plans to Acquire OCESA Entretenimiento in Move Into Latin America


Dwell Nation Leisure Inc. has reached a brand new settlement to accumulate Mexican live performance promoter OCESA Entretenimiento for about $450 million.

The deal, if accomplished, would give the world’s largest live-entertainment firm a 51% stake and controlling curiosity in certainly one of its largest rivals, which dominates the Latin American market that has exploded within the streaming period, based on Dwell Nation. Plans for a deal have been beforehand reached in July 2019, however unraveled when the Covid-19 pandemic devastated live touring. | Dwell Nation Plans to Purchase OCESA Entretenimiento in Transfer Into Latin America


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