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RedBird Capital Partners to acquire AC Milan from Elliot Advisers in €1.2bn deal

RedBird Capital Partners (RedBird) is to acquire Associazione Calcio Milan (AC Milan), the newly crowned Champions of Italy’s Series A, from Elliott Advisors UK Limited (Elliott).

RedBird Capital Partners (RedBird) is to acquire Associazione Calcio Milan (AC Milan), the newly crowned Champions of Italy’s Series A, from Elliott Advisors UK Limited (Elliott).

The deal, which values the club at €1.2 billion, will see Elliott retain a minority financial interest in the club and seats on the Board of Directors. The transition to new ownership will take place over the summer, with an expected closing no later than September 2022.

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