World’s largest olive oil company pops 17% as rivals circle in takeover battle
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Source: CNBC
Published: 2026-08-19 18:14 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Europe, Australia, Energy, Economy & Finance, Financial Markets, Food & Agriculture, World News, Business & Economy
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Snippet:
Shares of Spain's Deoleo jumped over 17% on Wednesday morning amid an intensifying takeover battle for the world's largest olive oil bottler and marketer.The stock move comes amid reports that Spanish agri-food cooperative group Dcoop has offered 470 million euros ($545 million) for Deoleo, taking the lead in a takeover battle that includes Italian, French and Australian firms.
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