De Longhi could make acquisitions for EUR 1bn
De Longhi, the listed Italian electrical appliances company, has EUR 1bn to make acquisitions, the Italian newspaper La Repubblica Affari e Finanza reported.
The report, which cites financial sources, said that the company, in order to be competitive, has to increase its size and a large acquisition could be the right strategy.
De Longhi forecasts a turnover of EUR 1.9bn in 2015.
La Repubblica