OREANDA-NEWS. Endeavor Group Holdings Inc., the owner of the UFC organization that conducts combat in mixed martial arts, has applied for a public offering (Initial Public Offering, IPO) of its shares on the New York Stock Exchange. This is evidenced by the data of the US Securities and Exchange Commission. 

The number of shares and their expected price have not yet been determined. The letter of the CEO of the holding Ari Emanuel states that, being public, the company will be able to open new opportunities for its divisions. Sources of The Wall Street Journal indicated that the holding is counting on a share capital of $ 10 billion.

The main source of profit for the holding is the entertainment and sports units of Endeavor. The holding, in addition to the UFC, owns the Miss Universe contest, the WME tour organizing agency and the IMG modeling agency. Through its division Endeavor Content, the company financed more than 100 films, including La La Land. The documents indicate that the company's revenue in 2018 amounted to $ 3.61 billion, net profit - $ 231.3 million. In 2017, the company lost $ 173.2 million. The long-term credit obligations of the holding amount to $ 4.64 billion. Financial Times clarifies that In 2017, the company was valued at $ 6.3 billion.

Interest in UFC is very high now, it was previously reported that the Champion of the Absolute Fighting Championship, Russian Habib Nurmagomedov, can fight against Canadian Georges Saint-Pierre in 2019. This was announced by ESPN insider Brett Okamoto after talking with the manager of the Russian athlete Ali Abdel-Aziz“. I asked Abdel-Aziz how close he was to the fight with the Americans Dustin Porier in Abu Dhabi, after the commission reduced the disqualification of his teammates.  Saint-Pierre won 26 victories in 28 fights in mixed martial arts. In February 2019, he announced his retirement.