CPPIB betting that demand for sports data is a good long-term investment

TORONTO — Canada Pension Plan Investment Board is preparing to buy a 39 per cent stake in Sportradar, a global company that distributes data from the National Hockey League and other professional sports for betting purposes. Toronto-based CPPIB has teamed up with equity firm TCV of Menlo Park, Calif., but they haven’t disclosed how much their Sportradar stake will […]