2 years ago
59
Business & FinanceDealsEntertainment & LifestyleSports
15 April 2022, 12:35 pm 1 minute
Reuters exclusively reported that Bahrain-domiciled asset manager Investcorp has entered into exclusive talks to purchase Serie A club AC Milan, in what would be the first takeover of a top Italian team by Middle East investors. One source close to the talks told Reuters the deal to buy the seven-time European champions from current owner Elliott Management Corporation was near to completion. A potential valuation for the club would be in the region of one billion euros including debt.
Article Tags
Topics of Interest: Business & FinanceDealsEntertainment & LifestyleSports
Type: Reuters Best
Sectors: Business & FinanceSports
Regions: EuropeMiddle East
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story
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