Alfa Gomma’s CEO, ICG Said to Partner on €1 Billion Buyout Plan

Alfa Gomma SpA’s chief executive officer has teamed with asset manager ICG Plc to prepare a joint offer for the Italian industrial group that could value it at more than...

By Daniele Lepido, Tiago Ramos Alfaro · Bloomberg Markets

Alfa Gomma SpA’s chief executive officer has teamed with asset manager ICG Plc to prepare a joint offer for the Italian industrial group that could value it at more than €1 billion ($1.2 billion), according to people familiar with the matter.