TISG Receives Five Binding Asset Offers in Restructuring
Photo: TokenPost
The Italian Sea Group has not disclosed whether any of five binding asset offers includes Celi, leaving the Terni yacht supplier’s place in the company’s restructuring sale unresolved. TISG said it received the five offers on Oct. 19, all structured as asset deals. Two covered the entire business and three covered individual assets. Meti Corporate Finance and KPMG Advisory are assisting TISG’s board in evaluating the offers. TISG did not disclose bidder names or offer terms. The possible sale perimeter included TISG’s holdings in Celi S.r.l.
Source: TokenPost
