- The Wall Street Journal•12 days ago
Almost six years after French dairy giant Lactalis launched its contentious bid to buy Italy’s Parmalat, the takeover battle rumbles on.
- Reuters•2 months ago
An Italian court acquitted four former JPMorgan executives on Tuesday of accusations of fraudulent bankruptcy over the U.S. bank's role in the 2003 collapse of dairy company Parmalat, a judicial source said. A judge in the northern Italian town of Parma, where the Parmalat is headquartered, ruled in favour of a request from prosecutors to acquit JPMorgan's former Italy head Federico Imbert, his deputy Gabriele Schiavi as well as top executives Alessandro Mitrovich and Alessandro Rombelli. "JPMorgan has supported its former employees throughout the process and is pleased that this matter is finally closed," the U.S. bank said in a statement.
- Reuters•4 months ago
The Canadian government said on Thursday that it would spend C$350 million ($259.88 million) to help its dairy sector compete against increased European imports allowed under a free trade deal, but the amount falls short of farmers' expectations. The money includes C$250 million over five years to help farmers update equipment, and C$100 million over four years to help dairy processors modernize operations, Agriculture Minister Lawrence MacAulay said in a statement. Dairy Farmers of Canada, an influential lobby group, said the money only partially addresses "damage" that Canada's free trade deal with the European Union will inflict.
P4I.DE : Summary for PARMALAT S.P.A. EO 1 - Yahoo Finance
Parmalat S.p.A. (P4I.DE)
XETRA - XETRA Delayed Price. Currency in EUR
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|Bid||0.00 x 732000|
|Ask||0.00 x 580000|
|Day's Range||2.94 - 2.94|
|52 Week Range||2.33 - 3.03|
|PE Ratio (TTM)||37.24|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|