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ROME, Dec. 23 -- Global food company Parmalat Finanziaria SpA said Tuesday it would file for bankruptcy protection after the government moved to speed its restructuring under control of a special ...
Less than two years after collapsing in Europe's biggest-ever corporate fraud, onetime dairy giant Parmalat SpA is about to re-emerge on the Milan stock exchange. The relisting of Parmalat stock ...
The Milan stock market is down 3 percent since the scandal broke Dec. 19, compared with a 1 percent rise in the Europewide Eurostoxx index. Italian banks, owed at least 1 billion euro by Parmalat ...
Parmalat <PLT.MI> shares slid to a record low after a U.S. court unexpectedly said it should not get damages from Citigroup <C.N> over its 2003 collapse, raising doubts for investors over pay-outs ...
Based on current prices, the stock issue will cost Parmalat around &euro;23.8 million, or $36.8 million, against an original claim of $8 billion.
Parmalat is seeking 248 million euros ($306 million), plus interest from CSFB. It's money Parmalat claims was part of a bond deal in 2002. Show Conversation (0) ...
Italy's dairy group Parmalat SpA said Friday it will issue new stock valued at more than $36 million to settle a class-action case against it in the U.S. Southern District Court of New York.
MILAN - Parmalat shares slid to a record low after a US court unexpectedly said it should not get damages from Citigroup over its 2003 collapse, raising doubts for i... E-Paper Sign In ...
MILAN, Oct 21 (Reuters) - Parmalat shares fell nearly 20 percent to a record low after a U.S. jury rejected the company's claims for damages from Citigroup over its 2003 collapse, raising doubts ...