News Article - Saleslink Group

Goldman Sachs to advise Parmalat on Lactalis bid

May 04, 2011

Source: Australian Food News

Parmalat said today that it had hired Goldman Sachs to advise the company on the EUR3.38bn takeover offer from French rival Lactalis.The Italian dairy giant made the announcement this afternoon after a meeting of its board of directors.

Last week, Lactalis, which owns a 29% stake in Parmalat, said it had made an offer for the rest of the business worth EUR2.60 a share.

To read the full story, follow this link: www.ausfoodnews.com.au/2011/05/04/goldman-sachs-to-advise-parmalat-on-lactalis-bid.html

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