Lone Star Said to Mull Options for Coffee-Machine Firm Evoca
Lone Star Funds is exploring options for Italian coffee machine manufacturer Evoca SpA. Potential outcomes include selling the debt-laden company or handing it over to creditors. No final decision has been made regarding the business's future.
Private equity firm Lone Star Funds is mulling its options for Evoca SpA, including a potential handover of the business to creditors or a sale of the debt-laden Italian coffee machine maker, people familiar with the matter said.
READ NEXT
More on the wire
AI TLDR
Pablo Gomez, a 34-year-old soccer player and excavation worker, died after being trapped in a trench collapse in Hickman, California. The incident triggered a massive rescue effort.
AI TLDR
Theranos founder Elizabeth Holmes is scheduled to transfer from federal prison to a Texas halfway house on August 23, 2027, to complete her sentence.
AI TLDR
Authorities have dismantled a network of Russian agents accused of attempting to infiltrate the U.S. Secret Service by utilizing an American technology CEO.