WWE’s AAA acquisition reached a significant milestone as promotions are reported to hold a majority stake in the company. According to LecratinWWE, a Mexico-based news outlet, owns 51% of the AAA upon closing of the transaction, with the remaining 49% being held by Fillip, a prominent Mexican sports and entertainment company.
The transaction places considerable emphasis on AAA’s intellectual property assets, including trademarks, copyrights and license agreements. Lexlatin reports that an audit of these assets is necessary to verify specific characteristics, validity, and legal circumstances.
“The transaction had a strong intellectual property component. The main value of the acquisition company (part of the main assets purchased) is intangible assets. This is why the transaction required an audit of these assets.
WWE announced its intention to acquire AAA over the weekend of WrestleMania 41, and it was expected that the transaction will be finalized by the end of 2025. Meanwhile, WWE NXT and AAA will be working together. The world clashes An event was held at the Kia Forum in Los Angeles on June 7th.
Keep an eye on SESCOOPS for the latest updates on this groundbreaking deal as WWE expands its presence in the Lucha Libre world.