China Retail Giant May Be Buying Majority Stake in Inter Milan

  • China’s group reported to announce Inter Milan acquisition
  • Press event planned at company headquarters in Nanjing

Inter Milan's Mauro Icardi celebrates after scoring the opening goal during a match Empoli FC in May 2016. Suning, one of China’s largest retailers, has been moving closer to buying between 60 percent and 70 percent of the soccer club.

Photographer: Valerio Pennicino/Getty Images

China’s retail giant Suning Commerce Group Ltd. will hold a press conference Monday at which it may announce a deal to buy a majority stake in Italy’s soccer club Inter Milan.

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