Parmalat roller coaster. The share lost almost 4%, to 2,51 euros, after majority shareholder Lactalis denied rumors of a delisting of the Collecchio group on Friday. The rumors of a residual takeover bid by the French had caused the value of the shares of the Emilian company to take off, already comforted by good half-yearly accounts, in the pre-weekend session.
Last week the British newspaper Daily Mail had written that Lactalis would be thinking of accelerating the plan to purchase the minority shares of Parmalat.
The day is intense for the entire dairy sector. Fonterra, the New Zealand agri-food giant and leader in the export of dairy products, has admitted the presence in some products of a bacterium that could cause botulism. China, Malaysia, Vietnam and Russia have already suspended imports from Wellington.
The tidal wave also hits Danone. The French company, which buys the offending Fonterra products for the Dumex Baby Food brands, has decided to withdraw the milk at risk from bacteria from the market.
In Paris, Danone lost more than 1%, but the European 'food and beverage' sector remained in positive territory with a slight increase of 0,4%.
