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Inter Milan Said to Sell 15% Stake to China Railway

China Railway Construction Corp. agreed to buy a 15 percent stake in Inter Milan from the Moratti family, valuing the Italian soccer club at 500 million euros ($611 million), according to two people familiar with the talks.

The transaction would include debt from the 18-time Italian champion, said the people, who declined to be identified because the negotiations are private. Hong Kong-based QSL Sports Ltd. will be part of the investment group, the people said.