De Cecco taps Credit Suisse, Unicredit for internal reorganisation, potential IPO

04 December 2017 - 03:50 pm UTC

Author(s): by Giulia Lasagni and Micaela Osella@Micaela Osella
De Cecco, a privately owned Italian pasta maker, has mandated Credit Suisse and Unicredit to work on an internal reorganisation that could potentially lead to a listing, according to two sources and a person familiar with the situation.
The advisors have been tasked with improving the company’s internal setting, evaluating several corporate governance issues, the first source added.
 
A spokesperson for De Cecco confirmed the company is considering a listing, noting that the process is at an early stage.
 
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