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SPAIN: Chocolate shakes firm Cacaolat plans IPO.

Publication: just-drinks.com
Publication Date: 06-NOV-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Byline: Ivan Castano

Spanish investment group Nueva Rumasa plans to float its chocolate shakes division, Cacaolat, next year in an initial public offering that could raise EUR180m (US$267.5m), a company official has confirmed.

Nueva Rumasa has hired small investment boutique Asesores Financieros Internacionales to run the IPO, tucked under...

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