The legendary Panini stickers are tempting. Here they go. And in fact, both Americans and Chinese would like to buy the Emilian company, now in the hands of managers, which produces them. According to what was reported by the "Gazzetta di Modena" in recent days, a delegation from an American group would have visited the Modena company and established contacts both with the Baroni family, which is an important shareholder of the stickers, and with the CEO Aldo Hugo Sallustro, who is also the reference shareholder, who have not dropped the purchase offer and are evaluating it.
The American offer would be around one billion euros.
However, the preliminary condition for starting negotiations is – according to the intentions of the current owners – that the heart of the Panini production system remains in the Modena plant on the Via Emilia, which has 450 employees in addition to the 700 distributed among subsidiaries in various countries. of the world..
Precisely this pre-condition, on the other hand, would not have been honored by a Chinese group which, according to Tuttosport, would have previously probed Panini but would have been told that the preliminary ruling on keeping the company's productive heart in Emilia is not negotiable.
From what can be guessed from the preliminary moves of the competitors, the Panini match is heating up and could develop in the short term but the conditions set by the Italian owners are insurmountable and this comforts the workers of the Modena company.
