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Parmalat tight-lipped on shareholder criticism of LAG acquisition
date:Oct 06, 2012
est in Parmalat. French dairy giant Lacatalis and LAG are also subsidiaries of the business.

This led to suggestions from a number of Italian media outlets that the purchase was merely a way for BSA International to move money between its subsidiaries.

Following the transaction, shareholders Gamco Asset Management and Fidelity Worldwide Investment expressed their views to the Parmalat board in separate letters, the FT reported.

Speaking with DairyReporter.com, Parmalat spokesman Fabio Capori

12/22 12:23