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Coricelli raises its offer for Deoleo to 500 million and requests exclusivity until the deal is closed

Superan las propuestas de las españolas Dcoop y Acesur. Leer

Translated from Spanish Read in Spanish

Italian multinational Coricelli has raised its bid for Deoleo to €500 million, surpassing offers from Spanish companies Dcoop and Acesur. Coricelli's bid exceeds Dcoop's €470 million and Acesur's €460 million, and the company is seeking exclusive negotiation rights until the deal is closed. Deoleo, owner of brands such as Carbonell and Bertolli, has been accelerating its sale process, with shareholders CVC and Alchemy considering strategic alternatives. The sale is expected to be completed in September.

Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

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