FDBusiness.com

Lactalis Secures Majority Steak in Parmalat

 Breaking News

Lactalis Secures Majority Steak in Parmalat

Lactalis Secures Majority Steak in Parmalat
July 08
10:00 2011
Spread the love

Lactalis has increased its stake in Italian dairy group Parmalat to just over 50%. The French and international dairy giant already held 29% of Parmalat before launching a Eur3.4b bid for the rest of the company in May.

Lactalis has also gained control of nine of Parmalat’s 11 board seats. A combination of Lactalis and Parmalat would create the world’s largest dairy group.


Warning: count(): Parameter must be an array or an object that implements Countable in /home/fdbusiness/public_html/wp-content/themes/legatus-theme/includes/single/post-tags.php on line 5

About Author

colin

colin

Related Articles

Food & Drink Business Conference & Exhibition 2016

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber

Subscribe Here



Advertisements