Reuters reveals AC Milan is the focus on of sale talks with Bahrain-primarily based Investcorp

Business enterprise & FinanceDealsAmusement & Life styleSports

Reuters exclusively reported that Bahrain-domiciled asset manager Investcorp has entered into exclusive talks to order Serie A club AC Milan, in what would be the 1st takeover of a top Italian workforce by Center East traders. One particular source near to the talks instructed Reuters the offer to acquire the seven-time European champions from existing operator Elliott Administration Company was in the vicinity of to completion. A likely valuation for the club would be in the location of one particular billion euros together with personal debt.

Article Tags

Subject areas of Desire: Business & FinanceBargainsEnjoyment & LifestyleSports

Style: Reuters Finest

Sectors: Organization & FinanceAthletics

Areas: EuropeCenter East

Win Types: Exclusivity

Story Styles: Unique / Scoop

Media Kinds: Text

Customer Influence: Significant Regional Story

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