Oympique Lyonnais: agreement with Chinese fund IDG Capital Partners to acquire 20% for €100m
OL Groupe, the holding company of Olympique Lyonnais (Ligue 1), announced the signing of a "term sheet" (or memorandum of understanding) with the Chinese investment fund IDG Capital Partners for the proposed entry into the capital of OL Groupe up to 20%, on 12/08/2016. The amount of the transaction could be €100m, valuing the OL Groupe at €400m...