FILE PHOTO: AC Milan logo is seen at the San Siro stadium during the match against Udinese in Milan, September 10, 2016. REUTERS/Stefano Rellandini
ROME (Reuters) - Investcorp and U.S. fund Elliott have ended talks over the buyout of Italian soccer champions AC Milan, a top executive of the Bahrain-domiciled asset manager said on Thursday.
Reuters last week reported that Investcorp had put on hold its plans to purchase the club, which is owned by Elliott, clearing the way for U.S. investment firm RedBird to pursue a deal.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
