BC Partners have sped up their due diligence at Inter in a bid to make Suning an offer as quickly as possible, according to an Italian media report today.
As per La Repubblica, the process typically takes four months but BC Partners are conducting it in just two months, which is a real sign that they have maximum interest in getting involved at the club.
Inter’s two bonds of €375 million are complicating the British private equity fund’s investigation into the Nerazzurri’s finances because they are high yield bonds for which information is not readily available.
BC Partners are conducting due diligence of Inter’s accounts on an exclusive basis and there is no doubting their seriousness based on this report.
Their offer should be for a majority stake in Inter, who have had Suning as their main shareholders since the summer of 2016.
Inter also have LionRock Capital as minority shareholders but it has been reported that they will step aside in the event of a sale.
