The result of the auction of Italian vending machine operator Gruppo Argenta is expected to be announced this week, banking sources told Reuters Loan Pricing Corporation on Monday. Gruppo Argenta, which is being sold by private equity sponsor Advent, could fetch a price of around 750 million euros.

Bidders include Bain Capital, Cinven and a consortium including Cognetas and Investitori Associate.

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Posted: 12|17|07 at 4:24 pm. Filed under: Auction News.