Coricelli negotiates with UniCredit debt to buy Deoleo
The Italian group, which will also issue bonds, designates the entity run by Andrea Orcel as the agent bank for the financing.
Coricelli, an Italian group, is negotiating a €500 million bid for Deoleo, a Spanish olive oil producer owned by CVC and Alchemy. The bid, led by UniCredit, involves a bank loan and bond issuance. Coricelli has designated UniCredit as the agent bank for the financing, which will also involve other Italian and Spanish entities. The Italian group is currently the frontrunner to acquire Deoleo, whose brands include Carbonell, Hojiblanca, Bertolli, and Carapelli.
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.
