You are currently viewing Reuters reveals AC Milan is the target of sale talks with Bahrain-based Investcorp

Reuters reveals AC Milan is the target of sale talks with Bahrain-based Investcorp

[ad_1]

Business & FinanceDealsEntertainment & LifestyleSports

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

[ad_2]
Source link

Gadget Explorer Pro

Gadget Explorer Pro is an expert writer specializing in comprehensive reviews, insightful articles, and detailed comparisons of consumer electronics. With a passion for technology and years of experience, they offer unbiased analysis of the latest gadgets, from cameras to smart home devices. Known for making complex tech understandable, Gadget Explorer Pro helps readers make informed decisions. Follow them for expert advice and the latest trends in the world of technology.

Leave a Reply