Spain’s Deoleo shares surge as olive oil maker draws takeover interest
Shares of Spain’s Deoleo jumped over 17% on Wednesday morning amid an intensifying takeover battle for the world’s largest olive oil bottler and marketer. The stock move comes amid reports that Spanish agri-food cooperative group Dcoop has offered 470 million euros ($545 million) for Deoleo, taking the lead in a takeover battle that includes Italian,…
