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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 |
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
1 Year Tamburi Investment Partn... Chart |
1 Month Tamburi Investment Partn... Chart |
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