Deals, deals, Deals ... in a bear market - Part 65
After last week's small sell off some market participants are claiming the 'new' bear market has arrived but that doesn't appear to be dampening dealmaking activity.
Indeed, Italian coffee maker Luigi Lavazza SpA just launched a cash offer for Italian vending machine maker IVS.
Lavazza will pay EURO 7.15 a share to other investors as part a complicated take private alongside IVS largest shareholder.
The deal values IVS around around EURO 652 million a share for IVS...
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