Elliott exits lucrative AC Milan bet in €550mn refinancing
Deal brings to an end the hedge fund’s nine-year investment in the Italian football club
Deal brings to an end the hedge fund’s nine-year investment in the Italian football club

100-year-old stadium was bought by private equity-backed AC Milan and Inter Milan for about €200mn last year

Supreme court backs previous judgment that prosecutors lack evidence in high-profile case targeting upscale developments

Favourable tax regime is drawing wealthy newcomers and changing the city’s dynamic

Italian executive launches investment firm five years after his failed attempt to reconfigure European football

Family holding company has agreed to merge its asset management arm 21 Invest with Milan-based Tages

Plus, an ad giant scales down and Bain Capital’s healthcare dealmaking drive