TWG Global rejects 'fire sale' narrative as federal probes unfold
TWG Global, the holding company behind Mark Walter’s insurance-and-investment empire, says there has been no fire sale and no fraud as U.S. prosecutors and the SEC review its affiliated investments; it asserts cooperation with DoJ/SEC inquiries and ongoing efforts to dispose of affiliated assets, noting that the Lakers stake is being explored for sale at a premium while other holdings like the Dodgers and Chelsea FC are not in a sale process.