Mountain & Co. I Acquisition Corp. ("Mountain") and FC Barcelona ("Barça") jointly announce the termination of the Business Combination Agreement ("Agreement") dated August 11, 2023. The decision to terminate the Agreement stems from the joint decision to focus on near-term business opportunities, which are best addressed in a private structure. The parties have agreed that Barça standalone, without Mountain, shall fully concentrate on leveraging such business opportunities, which are projected to substantially drive growth for Barça Media.
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