The lawsuit brought by Blue Skye on the regularity of the sale does not worry the Singer fund, which also collects the favorable opinion of Arena Investors (the global company that provided the equity to Blue Skye)
There is still no precise date for closing, but the sand in the hourglass continues to fall, day after day. And September, the month indicated by RedBird for the acquisition of the majority of the shares of Milan, is no longer so far away. Although Gerry Cardinale is not expected to arrive in Milan in a very short time, the work to complete the transfer of ownership between the Elliott fund and RedBird continues unabated.
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