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City Football Group, owner of Manchester City, buys Brazilian club Bahia
By
IANS News
May 05, 2023 • 14:52 PM View: 851
City Football Group, the Abu Dhabi-based parent company of Manchester City, has secured a controlling stake in Brazil's Bahia as it continues its global expansion.
In a statement, City Football Group (CFG) said it acquired 90 per cent of Bahia's shares in a deal that marks its first acquisition in South America's largest country.
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