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The Portobello Fund Has Put the Azpeitia-Based Company Elmubas up for Sale
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Another Basque company may be changing ownership. The Portobello Capital fund has put Elmubas in Azpeitia (Gipuzkoa) up for sale, as reported by El Diario Vasco and EITB. A group of Basque investors are said to be in advanced negotiations to buy the company. According to EITB, the operation would cost between 280 and 320 million euros; according to El Diario Vasco, 300-400 million euros. Those who have expressed interest would like the support o…
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