Italy’s distressed assets, NPLs and private debt weekly roundup. News from SECI, AMCO, Hippocrates Holding, Banca Progetto, Tenova, Ligabue and more

Sources said to BeBeez that Apollo Global Management tabled a 260 million euros bid for SECI, the controlling holding of the bankrupted diversified industrial group Maccaferri (see here a previous post by BeBeez). Claudio Solferini, Enrica Piacquaddio and Antonio Rossi, the insolvency administrators, will appraise the offer and ask the creditors for an assessment. Sources said to BeBeez that Apollo would pay in cash 21% of Maccaferri unsecured debts. SECI owns  51% of Manifatture Sigaro Toscano and iconic real estate assets. AMCO, the Asset Management Company of the Italian Ministry of Economy and Finance led by Marina Natale, approved a few days ago the Strategic Plan 2025 called made in AMCO, which provides, among other things, purcha