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Italy's De Cecco wants to buy Russian pasta company.
(From M&A Navigator)
MANAVIGATOR-August 31, 2011-Italy's De Cecco wants to buy Russian pasta company (C)2011 M2 COMMUNICATIONS http://www.m2.com
31 August 2011 - Italian pasta maker De Cecco has asked Russia's Federal Antimonopoly Service (FAS) for approval to acquire local peer The 1st Pasta Company, daily Vedomosti said today, quoting insiders. A source close to FAS said that the federal body had prolonged by two months the considering of the applicationdue to the significance of the deal to the market. UniCredit SpA's (BIT:UCG) securities unit is organising the transaction. The size of the targeted stake was not unveiled. The current majority …
