Vatican sells London building at heart of corruption trial to Bain Capital

Bain Capital Specialty Finance

01/07/2022 13:15

VATICAN CITY, July 1 (Reuters) - The Vatican said on Friday
it had sold the London building at the centre of an ongoing
corruption trial to Bain Capital in recent days for 186 million
pounds ($223.6 million).
    Losses from the deal were covered by Vatican reserve funds,
the Vatican said in a statement, adding that donations from the
faithful had not been used. 
    The Vatican signed the contract to sell the luxury building,
on Sloane Avenue in Chelsea, London in January.  urn:newsml:reuters.com:*:nL1N2U80UZ
    ($1 = 0.8318 pounds)

 (Reporting by Philip Pullella; Editing by Giulia Segreti and
Jan Harvey)
 ((Giulia.Segreti@tr.com; +39.06.80307714;))