FC Barcelona unit to list in US via $1 billion SPAC deal


FILE PHOTO: A silhouette of a woman walks past behind a FC Barcelona's logo at Camp Nou stadium in Barcelona, Spain, March 24, 2016. REUTERS/Albert Gea/File Photo

(Reuters) -Spanish soccer club FC Barcelona has agreed to list its content creation unit Barca Media on Nasdaq through a merger with a special purpose acquisition company, valuing the combined entity at $1 billion.

The club said on Friday the deal will fetch new capital for Barca Media, a segment that FC Barcelona expects will be "an important source of revenue in the coming years".

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Others

Syahmi brings cheer with silver in weightlifting
Luge-Russian lugers register for World Cup event, aiming for Olympics, media reports say
Taufiq replaces Hannah as Sports Minister
Malaysian Megan rides to equestrian gold as youngest SEA Games winner
Darts-Menzies apologises for punching table at World Championship
Olympics-LA28 to open ticket draw on Jan. 14 with seats from $28
Thor and Co avenge defeat with golden show
Little Tan stands tall
Arysha – a girl born to ride
The Thai hospitality – truly legendary

Others Also Read