Live Nation Pulls Out Of Acquisition, OCESA Considers Legal Action
Live Nation Entertainment revealed this week that it has officially pulled out of an agreed acquisition deal for a majority stake in the leading Latin American music promoter, OCESA. Now, the Mexico-based company is considering legal action. Originally, Live Nation was set to acquire a 51% stake in OCESA... Read more
Live Nation Acquisition of Mexican Promoter Halted
Late last summer, Live Nation acquired the Mexican promoter OCESA Entertainment, however, the purchase has been put on hold amid the coronavirus pandemic. The acquisition was first announced in July, followed by an approval from Mexican regulators in mid-April 2020. However, Live Nation President and CEO Michael Rapino announced... Read more
Live Nation Acquires Mexican Promoter OCESA Entertainment
Live Nation is continuing to grow its global market with the acquisition of Mexico’s OCESA Entertainment. OCESA is a leading promoter in Latin America and is the owner of Ticketmsater Mexico from CIE, as well as Grupo Televisa, which is the largest multimedia company within the Spanish-speaking world. Annually,... Read more