MILAN Italian bad loan investor Fire is looking to add 1 billion euros ($1.1 billion) in assets under management this year as it works towards an eventual stock market listing, its chief executive said.
MILAN/LONDON, Oct 17 A group of private equity
investors bidding for Italy's Old Wild West restaurant chain is
fretting over Rome's plans to shut shops on Sundays, four
sources familiar with the matter told Reuters, as the ban would
undermine the 700 million euro deal.
MILAN/LONDON A group of private equity investors bidding for Italy's Old Wild West restaurant chain is fretting over Rome's plans to shut shops on Sundays, four sources familiar with the matter told Reuters, as the ban would undermine the 700 million euro deal.
MILAN, Oct 5 Italy is considering widening a
state guarantee scheme that has helped banks offload a gross
36.5 billion euros ($42 billion) in bad debts, a government
document showed on Friday.
MILAN/LONDON Bain Capital has won an auction to buy Italian chemicals maker Italmatch, three sources familiar with the matter told Reuters, trumping rival bids from KKR and Cinven.
MILAN Italy's incoming government rattled investors with its plans for the financial sector on Friday which industry leaders said could stall a clean-up of bad debt and derail a tentative recovery.
MILAN Maire Tecnimont hopes to pick up business from Sonatrach as the Algerian state-owned energy company's new management starts investing again, the head of the Italian engineer told Reuters.
MILAN Intesa Sanpaolo's shift in strategy to sell part of its prized bad loan unit could prompt other Italian banks to follow suit with Banco BPM and UBI seen as possible candidates, industry and financial sources said.
LONDON/MILAN, Dec 5 The sale of Italian
packaging firm Guala Closures has been thrown off
track after its chairman and CEO Marco Giovannini attempted to
raise cash for a possible management buy-out, sources familiar
with the matter told Reuters.
LONDON/FRANKFURT/MILAN Italy's Benetton family is vying with motorbike firms and buyout funds for control of Italian motorcycle brand Ducati, which is being sold by Germany's Volkswagen , sources involved in the process told Reuters.