and so I chose EUTELIA :)
today and sell it .....
LONDON, Nov. 19 (Reuters) - The group looks forward to Borletti Coin (GCN.MI: Quote), but has not yet taken a decision in this regard, as is exploring other opportunities and must choose which to pursue.
He says in a statement emailed to Reuters Maurizio Borletti.
"Coin is certainly an area that interests us. It 's a success story with a strong management that has been able to handle before its turnaround, and then run very well with Upim integration after the merger," says Borletti, noting that "through the merger of existing shareholders Upim we are also indirectly Group Coin ".
There are then added to the farmer whose family is among the other members of Rinascente," the foundations for our interest but we have not yet made a final decision in this regard. We are actually considering other opportunities and we must decide what to pursue. "
Last December Coin has reached an agreement with the shareholders of Rinascente for the acquisition of 100% of the retail chain Upim which provided for the allocation to shareholders of Upim a stake in Coin.
Yesterday Financière Tintoretto decided to initiate a process aimed at the eventual sale of its stake in Coin, providing that the selection the buyer can take place before the first quarter of 2011.
Currently, the controlling stake in Coin headed by PAI Partners and is gathered in the holding company Financière Tintoretto, in which they are a minority even family members of the Coin.
In recent weeks, according to reports from different sources and in some cases by the interested parties themselves, have come forward to Coin several private equity firms, including Apax, Carlyle, Hourglass, Cinven and TPG-pair Investindustrial.
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