Live Nation to acquire ForumNet Group

Live Nation (LYV) has signed an agreement to acquire ForumNet Group from Bastogi S.p.A., the company announced. The transaction is subject to customary closing conditions and is expected to complete in April 2026. “Unipol Forum is at the heart of the acquisition: a renowned live music and sports arena that has welcomed 2 million fans annually since opening in 1990 and hosted global superstars and Italian icons, including Vasco, Cremonini, Tiziano Ferro and Marco Mengoni, alike. Beyond music, Unipol Forum is home to the Armani Olimpia Milano basketball team and will stage figure and short track speed skating at the 2026 Winter Olympics. Live Nation plans significant investment in Unipol Forum to enhance the fan experience, upgrade artist and production facilities, and introduce sustainability improvements to reduce carbon emissions. These upgrades will build on the venue’s Olympic legacy and ensure it remains a long-term home for world-class entertainment and elite sports. The deal also includes Teatro Repower and the management of open-air venue Carroponte,” the company stated.