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Monday briefing: Silver Lake ups City Football Group stake to 14.5 per cent

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19 September 2022 - 3:30 AM

American private equity firm Silver Lake has increased its stake in City Football Group (CFG) and is now the second-largest shareholder in Manchester City’s parent company behind its Abu Dhabi owners.

The Financial Times reports that the Silicon Valley-based company has acquired a 4.1 per cent share in the group from China Media Capital, taking its total holding to 14.5 per cent.

Silver Lake bought its original 10 per cent stake in CFG for $500 million in 2019, valuing the

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