The Neapolitan shipowner is being linked to a deal worth up to EUR 90m ($109m) to acquire shares from Italian private equity firm Clessidra Capital Partners.
The deal could be closed within six months, ending a period of bickering between the two parties, according to Italian press reports.
The financial daily Il Sole 24 Ore suggests that the deal may present a challenge for Onorato who still needs to find finance.
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