Former Owners of The Art Newspaper and L’Officiel Say AMTD Still Owes Buyout Funds Amid IPO Listings
Former owners of The Art Newspaper and L’Officiel have alleged that AMTD still owes them buyout payments, even as AMTD-linked entities pursue or complete IPO listings, according to ARTnews. The dispute centers on unpaid funds tied to acquisition agreements and raises questions about the group’s financial obligations during corporate restructuring. The claims add to scrutiny of AMTD’s media holdings and dealmaking as it expands in public markets.
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This story was covered in Culture Wars and Shadowy Money Trails