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TIRANA, Aug 4 – Rezart Taci of Taci Oil International said Tuesday he had withdrawn from the buying of 80 percent of the Italian Serie A football club Bologna without giving any reason.
The businessman, who runs Albanian oil company Taci Oil International, had said he would pay 43 million euro to buy 80 percent of the club in a deal that would take effect on Aug. 3.
That was also confirmed from Bologna’s official Web site.
Taci told private television station, Top Channel, that he withdraw from the deal but added he was still keeping an eye on other Italian clubs.
Taci Oil International is part of a U.S.-Swiss consortium that last year bought 85 percent of the state oil company ARMO for $183 million.