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China retail giant takes over Inter Milan

Italy's iconic soccer club "Inter Milan" has just been bought by Chinese appliance retailer "Suning". The company is a household name in China just like MediaMarkt in Europe or Best Buy in America. Suning has secured a 69 percent stake in the traditional soccer club for around 270 million Euros. The club hopes the fresh capital will net them sucess on the pitch and in the balance books.

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