Silver Lake increase stake in CFG

richards30 said:
it was this bit that makes me think the chinese have sold:

The Silicon Valley-based agency acquired a 4.1 per cent share in City Football Group from China Media Capital, taking its complete holding to 14.5 per cent.

reads to me that silver lake have bought the shares of the China group.
Click to expand...

Ah yeah you right
 
Not a new development. It was revealed by Stefan of 9320 pod on Twitter way back towards the end of last year. The press is just catching up now.

See here:



And here:

 
@slbsn>project river in here

Saying this happens November 2021


Nice to see the FT catching up on my "SCOOP" from November 2021 (https://t.co/Il5wiIVVTo) https://t.co/nTI5sZMIfE

Hasn't been any public explanation related to this. The only party that has A Prefs are Silver Lake. So it would seem to me Silver Lake have acquired further Ordinary Shares from one of the other holders- likely CMC's shares. Represents 4.12% of CFG. Don't appear to be new shares https://t.co/2NRjMSHPkH https://t.co/aLMctmqFCk



These are only just now catching up>>

www.businesslend.com

BusinessLend

Business Lend is a platform that brings executive officers, entrepreneurs, and venture capitalists together from different sectors. We keep on connecting with our users with the help of our monthly edition carving our way slowly towards the highest readership.
www.businesslend.com www.businesslend.com
 
You must log in or register to reply here.
Unread Posts

Don't have an account? Register now and see fewer ads!

SIGN UP
Back
Top
✖
  AdBlock Detected
Bluemoon relies on advertising to pay our hosting fees. Please support the site by disabling your ad blocking software to help keep the forum sustainable. Thanks.