Pecker is a key witness in the case against the former US president, who is accused of falsifying business records to cover up hush-money payment
Bahrain-based Investcorp has entered into ‘exclusivity talks’ to purchase Italian club AC Milan, a source close to the deal said on Friday.
The source said the deal to buy the Serie A club from current owners Elliott Management Corporation was close to being completed.
Investcorp is an asset manager with lines of business including: private equity, real estate, absolute return investments, infrastructure, credit management, and strategic capital. It manages over $42 billion in assets.
American firm Elliott Management Corporation took over seven-times European champions Milan in 2018.
Investcorp would not comment when contacted by Reuters while the club and Elliott Management did not immediately respond to a request for comment.
Milan have won Serie A, Italy’s top flight league title, 18 times but not since 2011 — the club are currently top of the table.
Pecker is a key witness in the case against the former US president, who is accused of falsifying business records to cover up hush-money payment
The oil and gas conglomerate and Fifa, the world governing body, sign major sponsorship agreement
Toomaj Salehi risks being hanged after the conviction on the Shariah charge of "corruption on Earth" by a Revolutionary Court
Aid groups warn any invasion would add to already-catastrophic conditions for Gaza's 2.4 million people
The American they will face Australia and Serbia on July 15 and July 17 as part of their preparation for the Paris Olympic Games
The leaders emphasise that the deal to release the hostages would bring an immediate and prolonged ceasefire in Gaza
Dubai-based Sumit Augustine has had a philosophical approach towards spending
The regional upswing also defies oil production cutbacks