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Monday, May 5, 2025

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Inside the Most Politically...

Last October, when the Metropolitan Museum of Art’s Costume Institute announced its next...

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HomeEntertainment & CultureReuters reveals AC...

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

Estimated reading time: Less than 1 minutes

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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Inside the Most Politically Charged Met Gala in Years

Last October, when the Metropolitan Museum of Art’s Costume Institute announced its next fashion show, “Superfine: Tailoring Black Style,” the political landscape looked very different.Kamala Harris, the first female vice president and the first Black woman ever to top...
Science & Technology

India Sees a Future Making Solar Panels for Itself, and Maybe the World

China, the world’s clean-energy juggernaut, faces a rival right next door. And one of its top customers, no less.India, a big buyer of Chinese solar panels and electric vehicle batteries, is using a raft of government incentives to make...
World News

Doves, deaths and rations: Papal elections over time

Cardinals electing Pope Francis's successor will have an easier time than...

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