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Soccer-AC Milan investor drops Italian legal efforts to block club sale

Soccer-AC Milan investor drops Italian legal efforts to block club sale

Reuters · 09/13/2022 09:40
Soccer-AC Milan investor drops Italian legal efforts to block club sale

- Blue Skye Financial Partners, who were a minority investor in Italian soccer champions AC Milan, have dropped efforts in an Italian court to try to halt the 1.2 billion euro ($1.20 billion) sale of the club, legal sources said on Tuesday.

Earlier this month U.S. private equity fund RedBird Capital Partners announced it had closed a deal to buy AC Milan from U.S. fund Elliott.

($1 = 0.9971 euros)


(Reporting by Elvira Pollina and Alfredo Faieta
Writing by Keith Weir; editing by Agnieszka Flak)

((elvira.pollina@thomsonreuters.com;))