Lactalis dairy products manufacturer has signed an agreement with the Italian company Parmalat – one of the main competitors of the French group in Europe. According to official information, it is about the acquisition of more than 12.2% of the shares of Parmalat: the value of one security is 2.8 dollars per piece. It should be noted that this price is almost 10% (8.5%) more compared to which the Italian manufacturer closed bids with on December 23, this year.
Thus, in a short time the representatives of the French Lactalis Corporation will enter into a shareholder of a competitor. As notice the journalists of Reuters news agency, after the transaction Lactalis plans to cease trading securities of Parmalat on the Italian Stock Exchange (Milan).
Lactalis is a French Corporation, one of the largest producers of dairy products in the world. The company belongs to the Besnier family. Among the trading brands of the enterprise are Galbani, Bridel, President, Rachel’s Organic and Valmont.
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