Mukesh Ambani, chairman of India’s Reliance Industries Ltd., is in talks to buy New York-based talent agency IMG Worldwide Inc., the Indian Express newspaper reported today, citing an unidentified Reliance official.
Forstmann Little & Co. is working with Morgan Stanley and Evercore Partners Inc. to find a buyer for IMG Worldwide Inc., the talent agency that represents sports stars such as Peyton and Eli Manning, said people with knowledge of the matter.
Novak Djokovic extended his winning streak to 17 matches yesterday at the Australian Open, where Maria Sharapova routed Venus Williams 6-1, 6-3 to tie the record for fewest games lost in the first three rounds.
Maria Sharapova moved to the third round of the Australian Open with the first back-to-back shutouts in a major in almost three decades. Former U.S. Open champion Samantha Stosur extended a run of flops at her home Grand Slam.