In the spotlight: Lactalis interest returns Parmalat to headlines
In 2003, Parmalat grabbed Europe's business headlines after collapsing with a EUR14bn hole in its accounts. It was the continent's…
ByLactalis takes Parmalat stake
The future of Italian dairy group Parmalat has come under question as French dairy group Lactalis has taken a 29% stake in the manufacturer over the past week. As the manufacturer closes in on the 30% threshold which requires it to make a bid for the whole company, Italian government ministers are looking for ways to keep Parmalat "in Italian hands".
UPDATE: ITALY: Concerns over Parmalat board prompt sale – shareholders
Three funds have entered into an agreement to sell their 15.3% stake in Parmalat to Lactalis because their plans to…
ITALY: Lactalis increases Parmalat stake
Lactalis today (22 March) announced it has entered an agreement to buy a further 15.3% stake in Italian dairy and…
ITALY: Ferrero coy on talk of Parmalat investment
Ferrero has remained coy on reports that it may be considering investing in Italian dairy Parmalat as part of a…
ITALY/FRANCE: Lactalis takes Parmalat stake
French dairy group Lactalis has acquired an 11.42% stake in Italy-based rival Parmalat through an equity-swap deal.
ITALY: Parmalat shareholders deny Lactalis sale talks
Three Parmalat shareholders have "strongly denied" they are in negotiations with Lactalis to sell their 15.3% stake in the Italian…