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  1. Lactalis takes Parmalat stake

Lactalis 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".

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