Italy's Aeffe receives new non-binding offers as Oxy talks continue

Aeffe SpA

23/06/2026 08:57

MILAN, June 23 (Reuters) - Struggling Italian fashion group Aeffe AEF.MI said on Monday it had received more non-binding offers for its assets, including those of its Pollini unit, while talks with turnaround specialist Oxy Capital continue.
   
Aeffe's board flagged as particularly significant a proposal from an Asian-focused industrial operator with experience in global fashion brands, without naming it.
The offer envisages acquiring Aeffe’s assets in exchange for taking on its restructured liabilities under Italian corporate crisis rules, the company said in a statement.

The bidder would also provide up to €25 million in bridge financing through 2026, funded with its own resources and secured against key trademarks including Moschino and Alberta Ferretti.

As in the case of the Oxy offer, once the transaction is completed, Aeffe would be free of debt but left largely without assets.
 
The court-appointed expert extended the negotiated restructuring process to October 4, while Oxy said it could submit a binding offer in the coming weeks.

 (Reporting by Cristina Carlevaro. Editing by Mark Potter)
 ((cristina.carlevaro@thomsonreuters.com; +39 06 80307729;))