Italy's supermarket chain Esselunga picks Citi to assess possible bids: sources

Italy's supermarket chain Esselunga picks Citi to assess possible bids: sources

Kevin Coombs

One of the sources said CVC Capital Partners and Blackstone had expressed interest in the group, Italy's third largest supermarket chain with revenues of 7.3 billion euros in 2015.

Citi and Esselunga, founded in 1957 by Bernardo Caprotti and his brothers together with nelson Rockefeller, declined to comment.

(Reporting by Elisa Anzolin and Francesca Piscioneri)

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