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Singapore Investor Completes Valencia Takeover

  • ESPN FC, Friday, June 6, 2014 3:05 PM

Singaporean investor Peter Lim on Friday completed his purchase of La Liga giant Valencia. The takeover, which was months in the making, was finalized after Bankia, a Spanish bank, and Lim’s company, Meriton Holdings Ltd, agreed to restructure the debt owed to the bank by Valencia, reportedly some 320 million euros ($436.5 million). 

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