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World's Largest Olive Oil Company Plummets 19% After Rivals Agree to Takeover Deal
Summary by CNBC
35 Articles
35 Articles
It is expected that the process of obtaining permits could take between six and eight months
·Belgrade, Serbia
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The share price of the world's largest olive oil company, the Spanish Deoleo, fell nearly 18 percent today. Two of its domestic competitors announced the acquisition of the company, with Dcoop and Acesur sharing the company in equal shares, which could create another dominant player in the global olive oil market.
·Budapest, Hungary
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The operation, valued at 520 million, ends the fight for Deoleo and opens a new stage for brands such as Carbonell or Koipe.
Coverage Details
Total News Sources35
Leaning Left2Leaning Right7Center9Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
11%
C 50%
R 39%
Factuality
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