After Parmalat, Galbani, Invernizzi, Locatelli and Cademartori, the French buy another flagship of the Italian market - The company moves to France, but the PDO brand still brings Parmesan to Italy
The Italian story of the group founded by Calisto Tanzi ends. Once the delisting game is closed, the headquarters will no longer be in the historic headquarters of the group, but in Laval, in the Loire - Parmalat Italia will be merged with Galbani…
The Lactalis case, forced to withdraw the milk because it has produced salmonellosis in some countries, brings to the fore the quality and unreliability of too many dangerous products for newborns and yet in circulation - The virtuous case of…
For Parmalat, a white-hot meeting is announced for today on the request of the minority shareholders for the liability action against the nine members of the board, for which the Rome Public Prosecutor's Office is asking for indictment for…
The French takeover bid for Parmalat fails again and the stock will not leave the stock exchange - Bankitalia has not taken sides
The French group has announced that it has raised the consideration for each of Parmalat's ordinary shares to 3 euros - The share of the Collecchio-based company registers increases of more than 5% in Piazza Affari.
The French announced today, January 27, their intention to reduce the applicable threshold for the delisting of Parmalat with the purchase of the remaining shares from 90,5 to 90%. In short, Sofil will have to go through the takeover bid to buy a share…
The American institution Citibank would have the right to obtain 431 million dollars in Parmalat listed shares from Parmalat - An appeal is still pending in the Supreme Court, but it is likely that the French group is seeking an agreement with the US bank
Sofil, the company through which Lactalis controls Parmalat, is offering an 8,5% premium on the December 23 stock market price. The stock soars (+9,7% at 10:31)
Among the directors who resigned also the managing director Yvon Guerin - The assembly will meet on April 29: some statutory changes are possible which should go in the direction of a further tightening on governance by Lactalis
At the end of the year, the 16 million Parmalat warrants that were assigned to the defrauded by Tanzi expire but no one knows what happened to them: they have been languishing for some time despite offering a stellar yield of 140% - The shadow of Lactalis on securities…
The proceeding on the purchase of Lag by the Collecchio company is closed: for the Court of Appeal there is no place to proceed "due to the cessation of the dispute" - The effects of the decrees of the Parma court have been annulled - The…
Parmalat's shareholders' meeting approved the amendments to the company's bylaws that reduce the power of minorities - The changes concern in particular article 11 of the bylaws, which establishes that the number of directors could vary from 7 to…
Parmalat's majority shareholder, Sofil (Lactalis) presented the list for the renewal of the board which will expire with the approval of the 2013 financial statements
The Commission announces it in a note, explaining that Parmalat itself has been ordered to pay 180 thousand euros with the obligation of recourse against the three former mayors.
The commissioner of the Collecchio company, Angelo Manaresi, filed his third report on the purchase of the US subsidiary of Lactalis with the Court of Parma – Parmalat's external consultants denied: Lag was worth 150 million dollars less than…
On Friday the rumors of a residual takeover bid by the French majority shareholder had pushed up the shares of the Collecchio company - The dairy sector also shaken by the bacteria found in Fonterra products, supplier of Danone.
Parmalat buys Balkis in Brazil and closes the first half with a net profit up 28,7% on the same period last year. Revenues amounted to 2,59 billion euros. The Board, which approved the results…
The press rumors reported today indicate that the Court of Parma would have requested the removal from the board of the councilor Antonio Sala and two mayors - The evolution of the investigation could favor an offer on the market by the French to withdraw…
On a strongly negative day for Piazza Affari, the only stock bucking the trend is that of Parlamalat, slightly up - The Collecchio-based company's stock is driven by the publication of the documents relating to the acquisition of Lactalis American Group, in which…
Appointment conferred for the adjustment of the purchase price of Lag by Parmalat - The appointment of Manaresi was arranged in the context of the proceeding initiated by the Prosecutor of Parma following the complaint presented by Amber Capital.
The Standard Ethics rating agency has suspended its judgment again - Fears arise from governance, just like ten years ago when the suspension of the ethical rating anticipated the crash - Today the very small free float is under accusation, a…
The lawsuit concerns the Lag (Lactalis America Group) operation, a company active in the USA that the French group sold to the Italian company for 957 million dollars - According to the Public Prosecutor's Office, the director should remain in office "for 4-5 months , the necessary period…
Collecchio's group is the only Ftse Mib share in positive territory - The market is betting on accounts in line with 2011 and the encore of last year's extraordinary dividend at 10 cents - A rich coupon would…
On a positive day for Piazza Affari, Parmalat shares are at the bottom of the Ftse Mib - The investigation by the Parma Public Prosecutor's Office into the purchase of Lactalis, which yesterday led to…
The president of Parmalat's Lactalis version, Franco Tatò, goes on the counterattack: he presented himself before the president of the Parma court, Roberto Piscopo, to defend the group's purchase of Lactalis USA, an operation worth 957 million which absorbed…
The purchase of the American company Lag by the Colecchio company reeks of a conflict of interest to the Parma prosecutor who would have opened a file on the case - In Piazza Affari the hypothesis of a Parmalat delisting inflames the title it earns…
Given the financial position of the American subsidiary, the price of the Lactalis USA operation rises by 53 million dollars - Agreement reached with the unions for redundant workers.
Parmalat allegedly presented an investment plan in Italy to the unions for an amount of 180 million euros - The meeting was held at the Ministry of Economic Development - The first heavy investment will be the UHT milk plant in Collecchio.
At the center of the controversy is the industrial project of Lactalis which is still "not very clear" - Instead of company development, there is talk of plant divestments: "The Lactalis group seems to be disregarding its commitments to develop Parmalat through…
The net financial resources of the Collecchio-based company will be reduced to 796,6 million euros with the purchase of Lactalis Usa, for 904 million euros - The pro forma results of the two companies together record consolidated revenues of 5,2 billion…
Heavy collapse in Piazza Affari for the Parmalat share, which yesterday announced the purchase of Lactalis American Group for a total value of 904 million dollars.
The Minister of Economic Development Corrado Passera has convened the top management of the French company Lactalis, which holds 83,3% of Parmalat - The crux of the meeting is the use of the treasure inherited from the Bondi management - According to rumors, in fact, Lactalis intends spend those…
The reassurance of the undersecretary for economic development Massimo Vari: "A discussion table will be set up with the new French ownership of Parmalat".
