MILAN/ROME, Sept 12 The 90-year old founder of
leading Italian supermarket chain Esselunga is considering a
possible sale and has picked Citigroup as adviser to
assess expressions of interest by private equity funds, two
sources close to the matter said.
One of the sources said CVC Capital Partners and Blackstone
had expressed interest in the group, Italy's third largest
supermarket chain with revenues of 7.3 billion euros in 2015.
Citi and Esselunga, founded in 1957 by Bernardo Caprotti and
his brothers together with nelson Rockefeller, declined to
(Reporting by Elisa Anzolin and Francesca Piscioneri)