Economy, Energy

“World’s largest olive oil company surges over 20% as rivals circle in takeover battle”

“Dcoop has reportedly offered 470 million euros ($545 million) for Deoleo, putting the Spanish group ahead in a multinational takeover race for the world’s largest olive oil bottler.

Deoleo shares jumped to a 52-week high on the news, as investors welcomed the prospect of a new Spanish olive oil giant.

The deal comes as climate change, water scarcity and disease reshape olive oil markets, despite signs that recent price volatility is easing…”

https://www.cnbc.com/2026/08/19/deoleo-takeover-battle-olive-oil-dcoop.html

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