Autogrill goes solo for Compass unit

Autogrill, the Italian catering company, is reported to have submitted a bid of just over £1bn (€1.45bn) for Select Service Partner, the motorway services unit of UK caterer Compass. The solo bid comes in spite of buy-out firms' requests to tie up with Autogrill for the deal.

Corriere della Sera, the Italian daily newspaper, reports this morning that Autogrill and several private equity buyers submitted second-round bids yesterday ahead of a midnight deadline.

WSJ Logo
Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump