DAZN overhauls structure for potential new equity or IPO, FT reports

June 19 (Reuters) - Sports streaming platform DAZN, owned by billionaire Leonard Blavatnik, is restructuring its business to make it easier to raise new money and explore a possible public listing, the Financial Times reported on Friday citing a person familiar with the matter.

A new Cayman Islands holding company will be established for the DAZN Group, with control ultimately held by Blavatnik’s Access Industries, the report added.

Reuters could not immediately verify the report.

(Reporting by Abu Sultan in Bengaluru; Editing by Muralikumar Anantharaman)