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World’s Largest Olive Oil Company Pops 17% as Rivals Circle in Takeover Battle

Summary by CNBC
Shares of Spain's Deoleo jumped nearly 16% on Wednesday morning amid an intensifying takeover battle for the world's largest olive oil bottler and marketer.

10 Articles

Lean Left

Spain’s largest olive oil cooperative would value its competitor at 470 million euros, but the talks are not yet closed

·Madrid, Spain
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Center

The Andalusian cooperative would have made an offer of 470 million for 57%, in an operation in which Acesur would also enter and the Italian firm Bonifiche Ferraresi The businessman Juan Manuel Ortega buys Helvetia an office building in Sevil

The oil group Deoleo, manufacturer of about twenty brands, among which Carbonell, Hojiblanca and Koipe stand out, has increased its stock price by more than 18% this Wednesday after its competitor Dcoop has submitted a purchase offer. This is the biggest increase in value this day, in which Deoleo’s shares led, at 12.00 hours, the rise of the Spanish continuous market and progressed 18.11%, up to 0.437 euros per title.

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Bias Distribution

  • 40% of the sources lean Left, 40% of the sources are Center
40% Center

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Forbes España broke the news on Wednesday, August 19, 2026.
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