Olive Oil Maker Deoleo Gets Bids From Fondo Strategico Italiano, Carlyle, Rhone Group -NY Times
April 07 2014 - 6:24PM
Dow Jones News
Spanish olive oil company Deoleo has received bids from Fondo
Strategico Italiano, Carlyle Group and private equity firm Rhone
Group, the New York Times reported Monday.
According to the report, Spain's agriculture minister, Miguel
Arias Canete, said last week that the government "is following this
process very closely" and "we don't want the company to be cut up
into bits."
Reuters reported Monday that the government is interested in
buying a minority stake in Deoleo.
Full story at
http://dealbook.nytimes.com/2014/04/07/amid-bids-for-deoleo-spains-government-seeks-to-protect-olive-oil-sector/
and
http://www.reuters.com/article/2014/04/07/deoleo-stake-idUSL6N0MZ43120140407
Write to nymonitoring@dowjones.com
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