Alpes to sell majority stake in Chilean football club

Alpes to sell majority stake in Chilean football club

Equity M&A Andean Latin America South America Chile Asset Management

Azul Azul, owner of the Chilean professional soccer club Universidad de Chile, said Tuesday that Inversiones Alpes has agreed to sell its 63.1% stake – 28.2 million shares – in the company to Tactical Sport, a private investment fund managed by Sartor Finance Group. The deal is expected to close in as soon as 45 days, according to a securities filing. Tactical Sport made the offer to Alpes as its first investment in a professional soccer club in Chile. The potential amount of the sale was not di

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