Suning wanting to give Thohir small percentage of their company in exchange for 30% of Inter, but ET prefers cash

Suning wanting to give Thohir small percentage of their company in exchange for 30% of Inter, but ET prefers cash

Is Erick Thohir really selling his 30% of Inter to Suning? In reality, according to Sole 24 Ore, the Indonesian tycoon has a “put” option (signed in 2016) which he should exercise within the first six months of next year.

The reason for this dispute is the settlement of the fee by the Zhang family. In fact, ET prefers a cash settlement but the proposal on the table provides the sale of a very small percentage of shares from Suning (ET would be a shareholder at Suning) to Thohir in exchange for 30% of Inter. 

Source: Sole 24 Ore

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