Parmalat Hires Goldman Sachs For Advice On Lactalis Bid
04 May 2011 - 2:33AM
Dow Jones News
Parmalat SpA's (PLT.MI) board has hired Goldman Sachs (GS) to
provide a fairness opinion on the takeover bid made by larger
French rival Groupe Lactalis SA.
"Parmalat specifies that this tender offer has not been
requested," read a statement, adding that the company had yet to
agree with it. The statement was issued Tuesday after an
extraordinary meeting held by the board of the Italian dairy
group.
--Gilles Castonguay, Dow Jones Newswires; +39 02 5821 9908;
gilles.castonguay@dowjones.com
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