The Government is pushing for a Spanish buyer of Deoleo while Italian Coricelli nears deal
The Italian group, which offers €500m for the owner of Carbonell and Bertolli, expects Deoleo to grant it exclusive negotiation to take control of CVC and Alchemy's stake in the company.
The Italian group Coricelli has offered €500 million to buy Deoleo, the owner of Carbonell and Bertolli. The Spanish government has expressed support for a Spanish entity to be the buyer, citing the need to preserve Spanish industrial interests. Coricelli is seeking exclusive negotiation rights with Deoleo's shareholders, CVC and Alchemy, while Dcoop, a Spanish cooperative, has also made an offer of around €470 million.
The sale of Deoleo has accelerated after CVC and Alchemy announced they were exploring strategic options, including a possible sale.
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.
