Get all your news in one place.
100's of premium titles.
One app.
Start reading
Reuters
Reuters
Business

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

FILE PHOTO: A woman walks past the entrance to the 60 Sloane Avenue in London, Britain, April 13, 2021. REUTERS/John Sibley/File Photo

The Vatican said on Friday it had sold the luxury 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 in a fund known as Peter's Pence had not been used.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.