Oaktree Capital Takes Ownership of Inter Milan

Oaktree Capital Management has acquired Italian soccer champions Inter Milan after the club's Chinese holding company failed to meet a 395 million euro payment, as announced on Wednesday.

U.S. investment fund Oaktree Capital Management said on Wednesday it has become the new owner of Italian soccer champions Inter Milan after a missed 395 million euro payment from the club's Chinese holding company.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)