Advent Readies €3 Billion Irca Sale as Lenders Prep Buyout Debt
Private equity firm Advent is preparing to launch the sale of Italian industrial confectioner Irca SpA, which could fetch around €3 billion ($3.5 billion), while lenders work on debt financings...
By Claire Ruckin · Bloomberg Markets
Private equity firm Advent is preparing to launch the sale of Italian industrial confectioner Irca SpA, which could fetch around €3 billion ($3.5 billion), while lenders work on debt financings to back a potential buyout.