Parmalat has voiced confidence that “nothing wrong was done” in relation to its May 2012 intra-group acquisition of Lactalis American Group (LAG) – just hours after court proceedings surrounding the deal began in Italy.
Two former subsidiaries of Italian dairy group Parmalat have failed
in their attempts to win compensation from financial institutions
alleged to have played a part in its one time parent company's
A pre-trial hearing has opened this week in Milan to determine if
and how the founder of Italian dairy giant Parmalat, Calisto Tanzi,
should be brought to trial along with over 24 former company
officers, consultants, and ex-auditors,...
Italian dairy group Parmalat has announced its gross operating
profit for the first four months of the year has steadied, as a
government-appointed administrator prepares to meet creditors next
week in an attempt to ward off liquidation.
Italy's Agriculture minister has ratified Parmalat's proposal in
streamlining its business for survival. The company is set to sell
arms of its business to focus on 30 out of its 120 brands. However,
industry analysts believe...
Parmalat, the financially troubled dairy group, has requested the
help of the turnaround company that recovered Enron's finances last
year - Kroll. The company plans to recover Parmalat's assets, and
the move justifies Parmalat's...
Tetra Pak has launched an internal enquiry following claims by a
former Parmalat executive that the world's largest packaging group
made payments directly to the accounts of Parmalat's owners, the