Market Chatter: JPMorgan in Talks With Benfica on Lisbon Stadium Renovation Funding Plan

MT Newswires Live01-14

JPMorgan Chase (JPM) has entered preliminary talks with Portuguese football club Benfica for a plan to raise funds to renovate its stadium in Lisbon and develop the surrounding area, Bloomberg News reported Wednesday, citing people familiar with the matter.

Benfica is also sounding out other banks for the plan, the unnamed sources told the news outlet.

JPMorgan didn't immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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