MILAN: Italy's Serie A soccer league has deferred a decision over a project to sell a minority stake of its media business, as representatives of the country's top flight clubs have asked for more time to assess private equity fund proposals.
Private equity firms CVC, Bain Capital and Advent International have submitted bids for a stake in the business, while Apollo, Fortress and Blackstone's credit arm GSO have made proposals for debt or hybrid financing deals, the sources have said.
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