đź’¨ Abstract
investment firm RedBird Capital plans to sell a stake in AC Milan, the Italian soccer club it acquired in 2022. The sale aims to "rebalance its portfolio" and could involve selling up to 150 million euros of the initial 681 million euros invested. The move was reported by Italian daily La Repubblica, citing a document from U.S. investment firm Washington Harbour on behalf of RedBird.
Courtesy: theprint.in
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