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Paris Saint-Germain buy cleared by EC
France - 22 April, 2008
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An attempt by Colony Capital to buy French Paris Saint-Germain through acquiring the club's parent company has been upheld by the European Commission.
Colony will purchase 1.4 million Colfilm shares for an undisclosed sum from Butler Capital Partners and FCPR France Private Equity. That gives Colony a major share of PSG as a result.
Colfilm owns Holdings Sports & Evenements SA., Paris Saint-Germain Football SA. and Societe d'Exploitation Sports et Evenements SA.
Colony will purchase 1.4 million Colfilm shares for an undisclosed sum from Butler Capital Partners and FCPR France Private Equity. That gives Colony a major share of PSG as a result.
Colfilm owns Holdings Sports & Evenements SA., Paris Saint-Germain Football SA. and Societe d'Exploitation Sports et Evenements SA.
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