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Italy’s Ali Group sees shelter from economic storm in Welbilt deal

FX Empire 29 Jul 2022
The closing of the $3.4 billion deal to acquire Welbilt, the biggest for an Italian company in the United States in seven years according to Refinitiv, will double America’s contribution to group turnover to 48%, CEO Filippo Berti said.
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Italy's Ali Group sees shelter from economic storm in Welbilt deal

Reuters 29 Jul 2022
The closing of the $3.4 billion deal to acquire Welbilt, the biggest for an Italian company in the United States in seven years according to Refinitiv, will double America's contribution to group turnover to 48%, CEO Filippo Berti said.
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Ali Group Completes Acquisition of Welbilt

Enid News & Eagle 29 Jul 2022
Ali Holding S.r.l ... “The completion of this transaction is an important milestone in Ali Group’s history and marks the beginning of our next chapter of growth,” said Filippo Berti, Ali Group Chairman and Chief Executive Officer ... Goldman Sachs & Co ... .
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