MILAN, April 8 (Reuters) - Italian collectible stickers company Panini said on Wednesday that its shareholders have engaged with Citigroup to assess future strategic options for the company.
"This analysis is not expected to be concluded until the end of this year", the company, famous for its soccer players' stickers, said in statement in response to an April 2 Reuters report.
"The options currently under consideration include maintaining the current structure of Panini's ownership without change, pursuing public listing and opening the capital structure to a large strategic partner", it added.
Panini, however, ruled out a sale to any competitor.
Last week Reuters reported that Panini shareholders were expected to decide by year‑end on strategic options - including a full or partial sale and a stock market listing - after two dozen potential buyers showed interest.