MILAN, May 13 (Reuters) - Shares in Italy's Aeffe AEF.MI opened up 0.65% on Wednesday after the ailing fashion group said it had received a preliminary offer from turnaround specialist Oxy Capital to support its restructuring.
Earlier this year, the company, which owns the Alberta Ferretti, Moschino and Pollini brands, entered a negotiated crisis-resolution procedure.
Oxy Capital is acting as lead investor of a consortium of industrial and financial partners that it still being structured.
The proposal is non-binding and subject to possible amendments, the company said.
Under the proposal, all of Aeffe’s business assets "would be transferred to one or more entities belonging to the bidders’ consortium".
(Reporting by Elisa Anzolin, editing by Cristina Carlevaro)
((elisa.anzolin@thomsonreuters.com; 0039 0266129692;))