04-17-2017, 05:28 PM
https://www.forbes.com/sites/bobbymcmaho...ca06436b47
Interesting article written by forbes. I read this somewhere else, apparently the new owners are not actually very rich themselves totalling about 500m networth, fractional compared to Berlusconi. On the flip side, they are also coming into this deal with a massive amount of debt from that US private holding company at 11% interest. It's a strange deal, considering they have that 300m in debt @ 11% and are looking to spend 150m euros+ on the market, they must have some big plan to recuperate.
Interesting article written by forbes. I read this somewhere else, apparently the new owners are not actually very rich themselves totalling about 500m networth, fractional compared to Berlusconi. On the flip side, they are also coming into this deal with a massive amount of debt from that US private holding company at 11% interest. It's a strange deal, considering they have that 300m in debt @ 11% and are looking to spend 150m euros+ on the market, they must have some big plan to recuperate.