December 10, 2016 3:54 AM ET

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Company Overview of Finanziaria d'investimento Fininvest S.p.A.

Company Overview

Finanziaria d'investimento Fininvest S.p.A. is a holding company that engages in commercial television, cinema, publishing, financial services, and sport businesses. It owns analogical private television networks in Italy; engages in publishing and distributing books and periodicals; and provides advertising, direct and retail, and radio services. The company specializes in pensions, banking, and insurance financial services. It engages in the production and distribution of films, sporting events, sale of television rights, commercial activities, marketing, and ticket sales. The company was founded in 1961 and is based in Rome, Italy. Finanziaria d'investimento Fininvest S.p.A. operates as a...

Largo del Nazareno, 8

Rome, RM 00187

Italy

Founded in 1961

Phone:

39 0667 38 60 18

Key Executives for Finanziaria d'investimento Fininvest S.p.A.

Chief Executive Officer and Director
Age: 59
Vice President and Director
Age: 69
Consultant and Director
Age: 78
Compensation as of Fiscal Year 2016.

Finanziaria d'investimento Fininvest S.p.A. Key Developments

A Chinese Consortium Reportedly Agreed To Buy Associazione Calcio Milan s.p.a.

A Chinese consortium has agreed to buy an initial 70% stake in Associazione Calcio Milan s.p.a., with negotiations continuing over the sale of the remaining 30%, a person familiar with the talks told China Daily. "If everything goes as planned, a final agreement will be reached by June 15-20, subject to any changes," the source added. Reportedly, the deal consideration will be €700 million.

Fininvest Negotiations With Chinese Investors For AC Milan Reportedly To Last For 45 Days

Gazzetta dello Sport reported that the exclusive negotiating deal with Finanziaria d'investimento Fininvest S.p.A. selling stake in Associazione Calcio Milan s.p.a. to Chinese investors will last for 45 days, and a €500 million offer for 70% of Milan is being discussed. Previously Finanziaria d'investimento Fininvest S.p.A. and Associazione Calcio Milan s.p.a. published on the company website that they are free to negotiate a deal with Chinese investors.

MoU For Negotiations Entered Between AC Milan And Chinese Investors

Finanziaria d'investimento Fininvest S.p.A. has reached an agreement with a group of Chinese investors in establishing exclusive negotiating rights for the sale of shares of Associazione Calcio Milan s.p.a. A memorandum of understanding has also been signed which will act as a starting point for more in depth negotiations to take place. A memorandum of understanding has also been signed which will act as a starting point for more in depth negotiations to take place.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
July 1, 2016
Associazione Calcio Milan s.p.a.
 

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