Edition:
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Stephen Jewkes

Race for Italian chemicals firm ICE attracts four buyout funds: sources

May 15 2019

LONDON/MILAN/FRANKFURT Four private equity firms are looking to submit final bids for Italian chemicals firm Industria Chimica Emiliana (ICE) in a deal valued at about 600 million euros ($673 million), sources familiar with the matter told Reuters.

Rome scrambles to swerve Carige bank bailout after BlackRock pulls out

May 09 2019

MILAN Rome's fragile government battled to avoid another costly bank bailout on Thursday after U.S. fund manager BlackRock ditched a proposed rescue of Italy's Carige.

UPDATE 1-Mediobanca eyes Julius Baer's Kairos in asset management drive

May 09 2019

MILAN, May 9 Mediobanca is looking at Julius Baer's Italian asset manager Kairos as part of plans to expand its wealth management business, the bank's CEO said on Thursday.

UPDATE 2-Italy's Saipem looking for partners in drilling business -CEO

Apr 18 2019

MILAN, April 18 Italian oil services group Saipem is looking for partners for its drilling business, while it has ruled out a trade sale, the company's chief executive said on Thursday.

Macquarie fund kicks off sale of wind assets in Italy and France

Apr 12 2019

MILAN A Macquarie-run infrastructure fund managing the Renvico wind farm portfolio in Italy and France has started a process to sell the company which could be worth around 400 million euros ($450 million), four sources familiar with the matter said.

Ferretti's Chinese owner lines up banks for relisting: sources

Apr 12 2019

MILAN Ferretti's Chinese owner, which is preparing to relist the Italian luxury yacht maker, has lined up Barclays, BNP Paribas and UBS as global coordinators for the share sale, four sources close to the matter said.

Macquarie kicks off sale of wind assets in Italy and France

Apr 12 2019

MILAN, April 12 Infrastructure fund Macquarie has kicked off the sale of its Renvico wind farm portfolio located in Italy and France worth around 400 million euros ($450 million), four sources familiar with the matter said.

Yacht maker Ferretti lines up Barclays, BNP, UBS as IPO advisers - sources

Apr 12 2019

MILAN, April 12 Italian luxury yacht builder Ferretti will name Barclays, BNP Paribas and UBS as global coordinators for its upcoming listing on the Milan stock exchange, four sources said on Friday.

Banks put 9 euro per share price on Italy's Nexi IPO: sources

Apr 11 2019

MILAN Italian payment group Nexi's initial public offering has been priced at 9 euros per share in a 2 billion euro deal set to be one of Europe's biggest IPOs this year, sources close to the process said.

World News