UniCredit SpA (UNCFF, UCG.MI) chief executive Federico Ghizzoni Saturday said that the bank will decide in coming days whether to participate in the financing of the multi-billion takeover of Parmalat SpA (PLT.MI) by French peer Lactalis.

Speaking on the sidelines of an event in Tuscany, Ghizzoni said no decision has been made at the moment. "We were contacted together with other banks in the last days," Ghizzoni added.

Lactalis's offer is due to start on May 23 after getting the necessary authorizations by Italian regulators.

-By Oscar Bodini and Sabrina Cohen, Dow Jones Newswires, +39 02 5821 9906; sabrina.cohen@dowjones.com

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