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Political heat rises over bid for Spanish olive oil giant
date:Apr 10, 2014
he company at around 439 million euros ($606 million).

CVC was among seven private equity groups and funds that last week tendered bids for Deoleo after four Spanish banks put their combined 31 percent stake on the block. A buyer of more than 30 percent must make a full takeover offer.

But following talks between the government and shareholders it was no longer clear whether all four of the banks - state-owned Bankia and BMN, and Barcelona-based Caixabank and Basque bank Kutxa - were still int

07/02 22:10