苏宁宣布接手国际米兰
China's retail giant Suning Commerce Group has announced the take-over of the top European football club, Inter Milan.
中国零售业巨头苏宁云商宣布接管欧洲顶级足球俱乐部——国际米兰。
Suning's subsidiary, Suning Sports Group, signed the deal worth 270 million euros (306 million USD) in Nanjing, Jiangsu province, on June 6, sealing the acquisition of a 68.55 percent stake from Inter Milan's majority shareholder International Sports Capital.
It's the highest profile takeover so far of a European team by a Chinese firm.
Zhang Jindong, chairman of Suning Holdings Group, said with the aspirations of Massimo Moratti, Suning's sustained investment, and the hard-work of the management team, the club will regain its glory.
A general meeting of stockholders and the new board were held on the same day, with five new members from Suning included on the board. Erick Thohir remains as the president of Inter Milan club.