Inter’s future: Chinese government bailout is on its way to Suning, but Oaktree is suing it

Inter’s future: Chinese government bailout is on its way to Suning, but Oaktree is suing it

Sportsmediaset reports important news about Suning and therefore may also affectInter. The group founded by Zhang Jindong will soon receive help from the Chinese government, which has decided to carry out a major intervention in the company’s activities, providing it with 5 billion yuan (about 650 million euros) over the next ten years to enable it to overcome financial difficulties and be able to restructure . and restart. This is the second government assistance that the Zhangs’ company has received, which became part of the shareholders of the consortium led by the Jiangsu provincial government.

Source: Tutto Mercato Web

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