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...Much of the current leadership team at AC Milan have also ties to the club that predate the 2022 transaction: Furlani and Stefano Cocirio, chief financial officer, worked at Elliott where they oversaw the...
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...The latter, however, left to run AC Milan football club, which is backed by the hedge fund....
...Prosecutors launched their probe following allegations that Elliott still controls AC Milan despite the sale to RedBird, according to a search warrant seen by the Financial Times that authorised the raids...
...Perhaps unsurprisingly, the fate of a water utility stirs up greater emotion than more typical investment targets for financial investors such as niche software companies....
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...The former head of Shell, Ben van Beurden, told the Financial Times this month that the oil major was “massively undervalued” in London and could benefit from listing in the US....
...should be ashamed of the financial state of play in European football....
...The AC Milan raid came as a shock. RedBird said that “the notion that [it] doesn’t own and control AC Milan is just false and contradicts all the evidence and facts”....
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...“I don’t think there will be protectionist barriers in the automation field,” he said, in a Financial Times interview. “[The automation industry] should be the last barrier set up....
...One thing to start: Italy’s finance police raided the headquarters of Serie A football club AC Milan on Tuesday as part of an investigation into potential irregularities over its 2022 sale by US hedge fund...
...This newfound self-sufficiency has reduced the impact of external events on the world’s dominant stock market (US equities now represent 64 per cent of the MSCI AC World benchmark)....
...What the FT’s Dan McCrum discovered, in this deep dive, is that the company behind Temu, a self-described Chinese agricultural group called PDD Holdings is so unusual that even some of its most ardent supporters...
...“There are more and more forms of entertainment that people, especially younger demographics, can consume,” he told the Financial Times....
...This was designed to reprocess fuel from France’s other conventional reactors, but met with ardent protests and was hit by problems, including leaks from its cooling system. It shut in the late 1990s....
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...One scoop to start: AC Milan’s owner Gerry Cardinale has pledged to build a 70,000-seater “American-like” stadium for the Italian football club, pouring cold water over efforts by the city’s mayor to salvage...
...They have focused in particular on social media accounts that do not disclose when they have been paid to promote products. But it is a gradual process....
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...Monero is down almost 25 per cent since the delisting, but the bigger picture here is that if you’re an ardent libertarian, there are fewer places to trade your coins....
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