Betaville

UNCOOKED ALERT: Saras S.p.A said to ... - Part 2

Banca Intesa and Linklaters are said to be two of the firms working on the potential Saras S.p.A takeover deal.

Earlier this year, Betaville Intelligence reported that Saras S.p.A, an Italy-listed oil refining company, may have attracted takeover interest from a suitor based in the Gulf region.

People following the situation have heard Banca Intesa may be advising the Moratti family, the largest shareholders in Saras S.p.A, on the takeover talks with the Gulf-based group...