The news of Ivestcorp looking into the possibility of buying AC Milan football club from Elliott continue to emerge today.
Milan Reports, as reported in our exclusive piece, understands that the talks are ongoing and Elliott could choose to sell soon despite not having built a new stadium due to the delays and postponments from the part of the Municipalities and their bureaucracy. (Read more details here)
Bloomberg have offered additional information about Investcorp. According to the source, the Bahrain-based company has among its shareholders Abu Dhabi sovereign fund Mubadala Investment Co.