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Reuters
Reuters
Business

Elliott denies it hired bank to sell minority stake in AC Milan

MILAN (Reuters) - A spokeswoman for activist investor Elliott has denied a report that it had given Italian lender UniCredit or any other bank a mandate to sell a minority stake in soccer club AC Milan.

Elliott took control of the Italian soccer club in July, ousting Chinese businessman Li Yonghong.

(Reporting by Elvira Pollina; writing by Francesca Landini; editing by Crispian Balmer)

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