World’s Largest Olive Oil Company Pops 17% as Rivals Circle in Takeover Battle
16 Articles
16 Articles
The actions of Spanish company Deoleo, the largest bottler and distributor of olive oil in the world, have increased by more than 20% Wednesday, after the appearance of information that the Spanish cooperative group Dcoop has offered 470 million euros for the takeover of the company. The offer places Dcoop at the forefront of an international competition for Deoleo, in which companies from Italy, France and Australia also participate, reports CN…
The information about an offer from the Spanish cooperative group DCOOP, which last year invoiced 1,421 million euros, to take 57% of the capital of DEOLEO (Carbonell, Hojiblanca, Koipe...) has fired the shares of the company controlled by the British fund CVC Capital Partners about 18% in the continuous market. The titles already exceed 0.44 euros per share, when their price at the close of yesterday was at 0.37 euros. According to the publishe…
Deoleo Shoots 20% in Stock Market Before a Possible Purchase Offer Launched by the Cooperative Dcoop
Spain’s largest olive oil cooperative would value its competitor at 470 million euros, but the talks are not yet closed
The Andalusian cooperative would have made an offer of 470 million for 57%, in an operation in which Acesur would also enter and the Italian firm Bonifiche Ferraresi The businessman Juan Manuel Ortega buys Helvetia an office building in Sevil
World’s largest olive oil company jumps 17% as rivals circle in takeover battle
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