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TIP Tamburi Investment Partners

8.42
0.04 (0.48%)
27 Nov 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Tamburi Investment Partners BIT:TIP Italy Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.04 0.48% 8.42 8.32 8.58 8.42 8.35 8.38 156,420 17:00:00

Italy's Tamburi Not Interested In Parmalat - Source

28/03/2011 3:46pm

Dow Jones News


Tamburi Investment Partn... (BIT:TIP)
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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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