Spain's government interested in Deoleo stake

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Montoro, speaking at a conference in Madrid, said the investment would be “a minority stake in the same terms as the government did in other important companies in the food and farming sector.”

Spanish daily El Mundo reported on Monday that Spanish state holding company SEPI had told the Agriculture Ministry it could inject capital into the olive oil giant along with other Spanish companies such as olive oil group DCoop and Spanish bank Unicaja.

Such a joint investment would allow the government and its partners to remain below the 30 percent threshold from which an investor must launch a full bid for a company.
(Reporting By Paul Day; Writing by Sarah Morris)
Reuters

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