Inter Milan Seized by Oaktree After Chinese Owner Defaults on Debt
The fund has taken control of the club after conglomerate Suning Holding Group failed to repay $428 million.
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The fund has taken control of the club after conglomerate Suning Holding Group failed to repay $428 million.
(Bloomberg) -- The days of Suning Holdings Co. Ltd. at the helm of FC Internazionale Milano SpA look numbered as its deadline draws near to either repay debt due to Oaktree Capital Management or risk ceding control. Most Read from BloombergIranian President Is Missing After Helicopter Crash in Dense FogGantz Says He’ll Quit Unless Netanyahu Moves to New War PlanEven if Alito Is Right, the Upside-Down Flag Was WrongChina-Bound Oil Tanker Hit by Houthi Missile in Red Sea, US SaysA 25-Year-Old BofA
Cairo Communication Spa reported Thursday that it closed fiscal year 2023 with a profit of EUR38.4 million, up from EUR32.1 million in 2022. The proposed dividend is EUR0.16 per share, up from...