Coricelli negocia con UniCredit la deuda para comprar Deoleo
El grupo italiano, que también emitirá bonos, designa a la entidad que dirige Andrea Orcel banco agente de la financiación. Leer
Italian banking group Coricelli is in negotiations with UniCredit and a group of financial entities to secure the necessary debt financing for its €500 million offer to purchase Deoleo, a Spanish olive oil producer owned by CVC and Alchemy funds. Coricelli has appointed UniCredit as the lead bank in the syndicated loan, with participation from other Italian and Spanish entities.
The financing package may also include a tranche of bonds, the amount of which has not been determined. As of now, Coricelli is the top contender to buy Deoleo, surpassing Spanish competitors Dcoop and Acesur. However, Coricelli has not yet secured exclusivity in the negotiations with CVC and Alchemy. The Italian government has expressed interest in a Spanish buyer, but the process is still ongoing due to bureaucratic procedures.
Coricelli's offer encompasses all aspects of Deoleo's operations, including its brands such as Carbonell, Hojiblanca, Bertolli, and Carapelli. The deal is expected to boost Deoleo's growth, especially in the United States and northern Europe, as part of the company's strategic plan for 2025-2028.
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