Spanish food group Ebro Puleva has said it does not have plans to discuss any significant investment at its next board meeting on 22 June.

The statement from the company followed a report on a Spanish website that the company planned to hold a board meeting on 29 June to discuss a planned €600m (US$724.0m) purchase of French food company Panzani-Lustucru, reported AFX News.

Ebro Puleva said it does not comment on rumours, and added that there are no plans for the company to hold a board meeting on 29 June.