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Suning Holdings Group Co., Ltd. (Chinese: 苏宁控股集团有限公司) is a Chinese privately held company. The company shared the same founder Zhang Jindong with the listed company Suning.com, but Suning Holdings was the unlisted portion of Zhang's unincorporated Suning Group.
May 22, 2024 · Suning bought a majority stake in Inter in 2016 and received a €275mn emergency bridge loan from Oaktree in 2021, secured against the stake. The club’s finances had been ravaged by the pandemic...
- Harriet Agnew
They are also the owners of Suning.com, a smart retail subsidiary currently ranked China's most valuable retail brand and listed on the Fortune Global 500 List of the world's largest companies for three successive years, with a total brand value of RMB 269.198 billion and an operating income in over S$39 billion.
Oct 17, 2022 · Inter has been owned since 2016 by Nanjing-based electronics retailer Suning, which acquired the club during a wave of investment from China in European football.
Feb 4, 2021 · Suning Holdings, the retail conglomerate that owns a majority stake in the Serie A team, is seeking new investment by the end of the year in response to a financial crisis at the club,...
- Silvia Sciorilli Borrelli
May 22, 2024 · Inter Milan have been taken over by US investment fund Oaktree after the Serie A champions' Chinese owners Suning missed a 395 million euro (£336.5m) debt repayment deadline.
May 22, 2024 · American fund Oaktree has officially become the new owner of Serie A champion Inter Milan. It brings an end to Suning and Steven Zhang’s eight years at the helm.
