Monday, May 24, 2010

Billionaire Aliko Dangote denies interest in Arsenal investment

Nigeria's richest man, billionaire Aliko Dangote, has denied media reports that he is  considering buying a 16 per cent stake in Arsenal.  

Dangote had been reported to have registered his interest in buying the stake being sold by Lady Nina Bracewell-Smith, the club's fourth biggest investor. 

Bracewell-Smith has appointed U.S. private equity firm Blackstone Group to find a buyer. And while between eight and 12 parties are said to be taking a detailed look at the potential for investment, Dangote issued a statement denying he was one.

No comments:

Post a Comment