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Ferrero boys should stay cool as Cadbury talk hots up
...current chief executive, Enrico Bondi, who pursued the company's former auditors, advisers and financiers for billions of damages.Parmalat recently raised guidance for its profits this year by 10 per cent. And with litigation in essence behind it, and more than...
Parmalat ex-chief sentenced to 10 years
...Tanzi, the former chief executive of Parmalat, which collapsed five years ago in a...investigation and recrimination since Parmalat imploded just before Christmas 2003...colleagues of Mr Tanzi as well as three of Parmalat's former bankers at Bank of America.Prosecutors...
Danone could make Parmalat target of milk shake-up
Parmalat shares rose sharply on Wednesday amid rumours that Danone...This happens to be exactly the market capitalisation of Parmalat.Of course, this could be an arithmetical coincidence, with Danone harbouring no immediate or longer term designs on Parmalat. In any case, there would probably be antitrust problems...
Ferrero boys should stay cool as Cadbury talk hots up
...date seems to have been a perfectly good recipe.Back to basics Parmalat has reverted to what it was originally - a dairy company. And...former auditors, advisers and financiers for billions of damages.Parmalat recently raised guidance for its profits this year by 10 per...
Bourses join global rally
...to €1.9bn while net income more than doubled to €1.3bn.Parmalat added 2.1 per cent to €1.93 after the Italian company's third-quarter...of raw milk. Mediobanca, Intermonte and Cheuvreux all raised Parmalat's price target.Peer Danone rose 0.7 per cent to €41.66. In...
Danone could make Parmalat target of milk shake-up
Parmalat shares rose sharply yesterday amid rumours that Danone...This happens to be exactly the market capitalisation of Parmalat.Of course, this could be an arithmetical coincidence, with Danone harbouring no immediate or longer term designs on Parmalat. In any case, there would probably be antitrust problems...
Parmalat higher on banks settlements
Parmalat on Monday opened sharply highly after Credit Suisse and...known, about the fraud that led to its collapse in 2003.Parmalat, which is suing Citigroup in a trial which opened last...announced late on Friday, will work in its favour in the US. Parmalat last month reported an 18 per cent fall in first quarter...
Parmalat in €420m Intesa settlement
Parmalat, the Italian food group that collapsed amid fraud in 2003...bank, at the weekend. It is the single biggest settlement Parmalat has reached and could have a bearing on lawsuits pending against other leading banks.Parmalat and Intesa Sanpaolo said in a joint statement that the...
Milk-price woes see Parmalat profits lose 18%
...drop in the share price of Italy's Parmalat dairy group, which reported an 18 per cent drop in first-quarter profits.Parmalat, releasing its results on Thursday...fixed-sale terms in the first quarter. Parmalat's forecast of a 7 per cent increase...
Parmalat tumbles after US court damages award in US
Shares in Parmalat tumbled by a fifth on Tuesday after a...Citigroup.The decision casts doubt on Parmalat's chances of winning its two other high-profile...and the auditing firm Grant Thornton.Parmalat collapsed in late 2003 with debts of...
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In depth: Parmalat
