Three funds have entered into an agreement to sell their 15.3% stake in food and beverage producer Parmalat to Lactalis, because their plans to elect a “highly-qualified board” have been “compromised”.
ITALY: Concerns over Parmalat board prompt sale – shareholders
Three funds have entered into an agreement to sell their 15.3% stake in Parmalat to Lactalis, because their plans to elect a "highly-qualified board" have been "compromised".
March 23, 2011