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Sport

Serie A postpones meeting on private equity bids to October 13

FILE PHOTO: A logo of Italy's Lega Serie A is seen in Milan, Italy, December 17, 2019. REUTERS/Flavio Lo Scalzo/File Photo

MILAN (Reuters) - Serie A has postponed to Oct. 13 a meeting to evaluate bids by private equity funds for a stake in its media business, Italy’s top flight soccer league said on Tuesday.

Serie A top representatives were due to meet on Oct. 9 to discuss offers by two private equity consortia led by CVC and Bain vying for a stake in a newly creating company managing the league’s broadcasting rights.

The meeting will be teleconferenced, the statement said, after Serie A President Paolo Dal Pino has tested positive for COVID-19

Reporting by Elvira Pollina; editing by Francesca Landini

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