Around the Net
Baidu To Pay $437m For AC Milan
- The Drum, Monday, July 18, 2016 8:45 AM
Chinese Internet business Baidu is reportedly paying $437 million for a 70% stake in A.C. Milan. The news was first reported by China's official CCTV on Friday, but has since also been picked up in Western media. The news channel reported: "Chinese investors' overseas sport investments show an upward trend."
