Reuters exclusively reports Italy tribunal rules for Blackstone in RCS building dispute - Reuters News Agency
Business & Finance

Reuters exclusively reports Italy tribunal rules for Blackstone in RCS building dispute

Reuters exclusively reported that a Milan arbitral tribunal ruled in favor of Blackstone Group in a disputed sale of the headquarters of RCS, rejecting all claims advanced by the Italian publisher. The panel of judges fully recognized the validity of the contract and the fairness of Blackstone’s behavior during all the sale process, a source close to the U.S. fund informed Reuters. RCS said in a statement it disagreed with the decision and that it would consider any possible legal action against it.

Article Tags
Topics of Interest: Business & Finance
Type: Reuters Best
Sectors: Equities
Regions: Europe
Countries: Italy
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story
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