at the bell the procedure for the enforcement of the shares by Oaktree will be triggered

at the bell the procedure for the enforcement of the shares by Oaktree will be triggered
at the bell the procedure for the enforcement of the shares by Oaktree will be triggered

The Corriere dello Sport today speaks in very clear terms about the transfer of ownership to Inter, which is preparing to become Oaktree. The deadline was supposed to be the 20th, or yesterday. But the banking holiday in Luxembourg, where Grand Tower, Inter’s parent company, is based, “gave” Steven an extra day. The curiosity is that the injury time of this match is played across three different time zones. That of Nanjing, plus 6 compared to Milan, that of Luxembourg, aligned with Italy, and finally that of Los Angeles, where the Oaktree headquarters is based, minus 9, it being understood that the Inter “file” is the responsibility of the London offices.

The certainty is that, when the gong rings, the procedure for the enforcement of the shares by the American fund will be triggered. Everything is already ready. Also a press release to announce and explain all the steps. Which, in any case, will have technical times. According to what appears, not only 68.55% of the shares owned by Suning and owned by Grand Tower would end up under the control of Oaktree, but also the 31.05% formally held by the LionRock fund of Hong Kong, linked to the Inter’s chain of control through the International Sports Capital holding, which however follows Italian law and therefore different processes and timescales.

At the end of the process, Oaktree will find itself in possession of 99.6% of the Nerazzurri shares. And the notary Carlo Marchetti, already a member of the current Inter board of directors as part of the American fund, could take on a more important role.

 
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