In the spotlight: Lactalis interest returns Parmalat to headlines

By: Dean Best | 24 March 2011

In 2003, Parmalat grabbed Europe's business headlines after collapsing with a EUR14bn hole in its accounts. It was the continent's biggest bankruptcy. Now, following Lactalis's investment in the business, the Italian dairy giant is once again in the news.

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In 2003, Parmalat grabbed Europe's business headlines after collapsing with a EUR14bn hole in its accounts. It was the continent's biggest bankruptcy. Now, following Lactalis's investment in the business, the Italian dairy giant is once again in the news.

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