Tag: AEG


AEG to merge with SMG to create new global venue behemoth World

AEG has announced a merger of its venue management subsidiary AEG Facilities with SMG. The move creates a new standalone global facility management company – ASM Global. SMG is an Onex portfolio company and Onex and AEG’s subsidiary will each own 50% of the new entity, following the completion of the transaction. The terms of the deal were not disclosed. The new diversified portfolio includes arenas, stadiums,...

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