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AS Roma To Draw Three Bids
UniCredit may receive bids from three investors for the sale of European club, AS Roma.
UniCredit may receive bids from three investors for the sale of European club, AS Roma, Financial Times reports. A consortium from U.S. headed by Thomas DiBenedetto, Rome’s Angelucci family and Abu Dhabi’s Aabar Investments are expected to offer their bids by the Jan. 31, 2011 deadline.
The deal is estimated to be valued at about €150-200 million. Rothschild has been appointed by the Italian bank for advising on the sale.Click here for the story from Financial Times.
Click here for the additional coverage from Bloomberg.