Mark Walter sells stake in Chelsea FC
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After four years in west London, Boehly and Walter's time at Chelsea has come to an end, selling their respective 12.8 per cent stakes to Clearlake, who have now transitioned into a larger shareholding, and other shareholder Hansjörg Wyss.
Insurers in Dodgers billionaire’s empire are among the country’s major annuity sellers.
The Mirror US on MSN
Mark Walter curiously gives up ownership of another famous team after abrupt $12.5B Lakers sale
Former Los Angeles Lakers owner Mark Walter is also selling his stake in Premier League side Chelsea amid an ongoing investigation into the billionaire's assets
Yardbarker on MSN
Adam Silver: NBA found no red flags before Mark Walter bought Lakers
The NBA thoroughly vetted Mark Walter before approving his purchase of the Lakers. According to commissioner Adam Silver, the league found nothing that caused concern.
The NBA commissioner offered new insight into Mark Walter’s unexpected $12.5 billion sale as uncertainty continues to surround the Los Angeles Lakers franchise.