Southern Europe
ITALY - Morgan Stanley nominates new country head
Morgan Stanley has appointed Domenico Siniscalco as the country head and chief executive of its Italian business, reporting to Walid Chammah, chairman of Morgan Stanley International, with effect from 1st December.
ITALY - Consilium acquires valve manufacturer
Shortly after completing its fundraising, SME-focused firm Consilium has acquired Douglas Chero Group, a manufacturer of forged valves for the petrochemical industry. The deal represents an exit for the founding family shareholders.
ITALY - De Cecco torn between sale options
The upcoming IPO of pasta manufacturer De Cecco was accompanied by the recent news that the business may pull its listing to sell to a private equity buyer.
SPAIN - Crystax to close second financing round
Biotech business Crystax, backed by Najeti Capital, Invertec and Barcelona Emprèn, is understood to be in advanced stages of its second financing round to further its research into the development of anti-cancerous pharmaceuticals that act on DNA.