Cryptocurrency Q&A How much did Ryan Reynolds pay for 24% of Alpine?

How much did Ryan Reynolds pay for 24% of Alpine?

ZenMind ZenMind Wed Sep 25 2024 | 7 answers 1618
Can you please clarify for me how much Ryan Reynolds actually paid to acquire a 24% stake in Alpine? Was the amount disclosed in the public domain, or did it remain a closely guarded secret? If it's known, could you elaborate on the valuation of Alpine that led to this specific investment figure? Additionally, did Ryan Reynolds' investment involve any additional terms or conditions beyond the financial aspect, and if so, what were they? How much did Ryan Reynolds pay for 24% of Alpine?

7 answers

ZenHarmony ZenHarmony Fri Sep 27 2024
Reynolds and McElhenney, two renowned figures in their respective industries, have embarked on an exciting venture by collaborating with American investment firms Otro Capital and RedBird Capital Partners. Their joint endeavor aims to acquire a significant stake in the Alpine Formula One team.

Was this helpful?

263
72
Raffaele Raffaele Fri Sep 27 2024
The partnership brings together a unique blend of expertise and resources, with Reynolds and McElhenney contributing their industry knowledge and the investment firms providing financial backing.

Was this helpful?

107
82
Bianca Bianca Fri Sep 27 2024
The acquisition target is a 24% share of the Alpine Formula One team, a prestigious and highly competitive entity in the world of motorsports.

Was this helpful?

339
60
QuasarStorm QuasarStorm Fri Sep 27 2024
The combined group has invested $220 million (£171 million) in acquiring this stake, a testament to their confidence in the team's potential and future prospects.

Was this helpful?

261
20
MysticGlider MysticGlider Thu Sep 26 2024
The valuation of the Alpine Formula One team stands at an impressive $900 million (£700 million), highlighting its strong market position and growth potential.

Was this helpful?

246
70
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts