{"id":400764,"date":"2011-04-27T06:00:00","date_gmt":"2011-04-27T06:00:00","guid":{"rendered":"http:\/\/www.ghanamma.net\/2011\/04\/27\/groupe-lactalis-in-takeover-bid-for-parmalat\/"},"modified":"2011-04-27T06:00:00","modified_gmt":"2011-04-27T06:00:00","slug":"groupe-lactalis-in-takeover-bid-for-parmalat","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2011\/04\/27\/groupe-lactalis-in-takeover-bid-for-parmalat\/","title":{"rendered":"Groupe Lactalis in takeover bid for Parmalat"},"content":{"rendered":"

\n<\/p>\n

Paris: The battle for control of Parmalat has become a hot political issue French dairy firm Groupe Lactalis has launched a \u20ac3.4bn $4.9bn; \u00a33bn) takeover bid for Italian rival Parmalat.<\/span><\/p>\n

Lactalis says it plans to keep Parmalat, Italy\u2019s biggest listed food group, trading on the Milan stock exchange, according to the British Broadcasting Corporation..<\/span><\/p>\n

The company says it will pay \u20ac2.6 per remaining Parmalat share. Lactalis already owns 29 per cent of Parmalat.<\/span><\/p>\n

Trading in Parmalat shares was suspended ahead of the statement.<\/span><\/p>\n

The battle for control of Parmalat has become a hot political issue in Italy, with the company becoming bound up in issues of national identity amid fears over the increasing strength of French foreign investors in Italy.<\/span><\/p>\n

French luxury goods group LVMH has announced it is to buy Italian jeweller Bulgari, while Italian and French investors are also battling over the Italian power generator Edison.<\/span><\/p>\n

Some analysts believe Lactalis will face further competition in its bid for complete control of Parmalat.<\/span><\/p>\n<\/div>\n<\/p>\n

Read More:
\nGroupe Lactalis in takeover bid for Parmalat<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Paris: The battle for control of Parmalat has become a hot political issue French dairy firm Groupe Lactalis has launched a \u20ac3.4bn $4.9bn; \u00a33bn) takeover bid for Italian rival Parmalat. <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-400764","post","type-post","status-publish","format-standard"],"yoast_head":"\nGroupe Lactalis in takeover bid for Parmalat - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2011\/04\/27\/groupe-lactalis-in-takeover-bid-for-parmalat\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Groupe Lactalis in takeover bid for Parmalat - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"Paris: The battle for control of Parmalat has become a hot political issue French dairy firm Groupe Lactalis has launched a \u20ac3.4bn $4.9bn; 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