FRANCE/ITALY: Parmalat up on Danone takeover talk
By just-food.com | 27 May 2009
Shares in Italian dairy firm Parmalat rose in morning trade today (27 May) after reports surfaced in the Italian press that French dairy giant Danone could be mulling a takeover move.
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Shares in Italian dairy firm Parmalat rose in morning trade today (27 May) after reports surfaced in the Italian press that French dairy giant Danone could be mulling a takeover move.
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UPDATE: FRANCE: Danone target cut "disappoints" market
A cut in Danone's medium-term sales guidance has proved disappointing for the market, with analysts claiming that management gave "conflicting messages".
