November 21, 2018 / 7:29 PM / a month ago

RCS Mediagroup's attempt to void property sale "blackmail" - source close to Blackstone

MILAN, Nov 21 (Reuters) - RCS Mediagroup’s attempt to annul a sale of some Milan properties to Blackstone was “wholly fabricated and is nothing more than blackmail”, a source close to the U.S. private equity fund said on Wednesday.

The Italian publisher last week launched arbitration proceedings in Milan to annul the sale of the three properties to Blackstone back in 2013.

Reporting by Claudia Cristoferi, writing by Agnieszka Flak. Editing by Jane Merriman

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below