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On 26 September, Friday, Giovanni Fiori, Giancarlo Quaranta and Davide Tabarelli, the administrators of Acciaierie d’Italia in Amministrazione Straordinaria (AS) and Ilva’s commissioners Alessandro Danovi, Francesco di Ciommo and Daniela Savi received ten offers for the assets (see here a previous post by BeBeez). Bedrock Industries Management and Flacks Group-Steel Business Europe aim to acquire the whole activities. Renexia (Gruppo Toto), Industrie Metalli Cardinale (IMC), Marcegaglia, Marcegaglia-Sideralba, CAR, Eusider, Marcegaglia-Profilmec-Eusider, Trans Isole, and an undisclosed bidder aim to buy picked assets. Previous press reports said that the assets attracted offers below the 1.5 billion euros asking price.
Italian insurer Cronos Vita Assicurazioni said it ended its activity on 1 October, Wednesday (see here a previous post by BeBeez). Allianz (former 10% owner), Fideuram Vita (22.5%), Generali Italia (22.5%), Poste Vita (22.5%), and Unipol Assicurazioni (22.5%) created Cronos in 2022 to protect Eurovita policyholders, the insurance group in receivership that belonged to Cinven. The previous shareholders will handle the contracts of Cronos.
Paris-listed alternative asset manager Tikehau Capital appointed Martino Mauroner as deputy head of Private Debt, a unit whose resources of June 2025 amounted to above 12 billion euros (see here a previous post by BeBeez). Mauroner will oversee the management of the Private Debt teams in Germany and Spain together with the country heads and will be responsible for coordinating the co-investment process for credit. He will also join the Senior Debt Investment Committee, in addition to his current membership of the Direct Lending Committee. Mauroner will report to Cécile Mayer Lévi, Co-head of Credit head of Private Debt, and Maxime-Laurent Bellue, Group Deputy CEO and Co-head of Credit. Tikehau Capital is currently fundraising for its private debt strategy.
On 26 September, Friday, Banca Ifis said during the 14th presentation of Market Watch Npl that the Italian NPEs market has been stabilizing for the last two years (see here a previous post by BeBeez). The report said that the NPEs flow is steady at little above 16.5 billion euros.
