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China retail giant takes over Inter Milan

Jörg JelinnekJune 6, 2016

Italy's iconic soccer club "Inter Milan" has just been bought by Chinese appliance retailer "Suning". The company is a household name in China just like MediaMarkt in Europe or Best Buy in America. Suning has secured a 69 percent stake in the traditional soccer club for around 270 million Euros. The club hopes the fresh capital will net them sucess on the pitch and in the balance books.

https://p.dw.com/p/1J1aY