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Tuesday briefing: Inter Milan set for takeover by Oaktree Capital after loan repayment deadline passes

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21 May 2024 - 4:30 AM

The ownership of Inter Milan looks set to pass to Oaktree Capital after attempts by current owner Suning to refinance its €375 million debt to the American firm reportedly fell through.

It emerged last week that talks over a €435 million loan deal with the US fund Pimco were in danger of breaking down ahead of yesterday’s deadline for Suning to repay their original loan – secured on the Chinese company’s holding in Inter – back to Oaktree.

Inter president Steven Zhang broke his re

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