Recordati rises after media report on KKR, TPG interest
** Shares in Recordati RECI.MI rise as much as 3% after Bloomberg News reportedthat KKR KKR.N and TPG TPG.O expressed interest in buying a stake in the Italian drugmaker
** The two investment funds, pharma company Angelini Pharma and an Abu Dhabi sovereign fund are among suitors for part or all of the 51.8% stake owned by CVC Capital Partners, Bloomberg News said on Monday, citing people familiar with the matter
** CVC declined to comment
** A potential sale to an industrial player like Angelini should discount the upside of potential synergies, while other options are the refinancing of a loan due 2025 from Rossini, a CVC vehicle, or its sale of its a minority stake, Equita says
** "We believe that these press rumours .. could reignite speculative appeal on the stock," a Milan-based broker says
** Recordati is up 2.7% by 0811GMT, among top moverson the pan-European STOXX 600 .STOXX which rises 0.3%
Reporting by Alessandro Parodi
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