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Article: Public Ministry investigates Parmalat transaction ; Itambe gives up partnership.
- Article from:
- South American Business Information
- Article date:
- August 1, 2002
CopyrightCOPYRIGHT 2002 COMTEX News Network, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Brazil, Aug 1, 2002
Parmalat is to sell 99% of the CBL (Companhia Brasileira de Laticinios)' shares to Carital Brasil Ltda., an ex-subsidiary of the Italian multinational, which used to be called Parmalat Brasil Administracao e Participacao. Carital changed name and claims to be currently controlled by Carital Foods and Dancent Corporation, although market sources affirm it still have connection to Parmalat. CBL equity is comprised of a Morada Nova-based plant (Ceara state). The acquisition of the unit is also being negotiated with the businessman Luis Girao, who sold off the plant to Parmalat in 1995. Girao said he has been negotiating with Parmalat, for almost ...
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August 10, 2004 ;
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... ... International Herald Tribune 08-10-2004 Parmalat Finanziaria, the Italian dairy giant ... during the year before it collapsed. Parmalat's government-appointed administrator ... bank in December 2003, the same month Parmalat defaulted on billions of euros of bonds ...
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