Italy's Tamburi Not Interested In Parmalat - Source
29 March 2011 - 1:46AM
Dow Jones News
Tamburi Investment Partners SpA (TIP.MI) is not interested in
joining other investors in trying to prevent Groupe Lactalis from
taking control of Parmalat SpA (PLT.MI), according to a person
familiar with the situation, Monday.
Tamburi is not interested because an investment in Parmalat
would not fit its strategy of investing in small- and medium-sized
businesses, the person told MF-Dow Jones on condition of
anonymity.
Lactalis, a French dairy group, has bought 29% of Parmalat,
giving it influence over the selection of a new board and
management.
Italian business and political leaders are trying to form a
group of investors that could rival Lactalis as a shareholder.
-By Danilo Caselli, MF-Dow Jones; Gilles Castonguay, Dow Jones
Newswires; +39 02 5821-9908; gilles.castonguay@dowjones.com
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