Paris - Groupe Danone SA reiterated it is not interested in acquiring parts of scandal-ridden Italian food group Parmalat Finanziaria SpA. "I see no major parts of Parmalat that could be of interest ...

Shares in Italian food company Parmalat rise 4.6 percent to their highest levels since September on press speculation it could be a takeover target for France's Danone . Sector experts cited by Il ...

Possibly as a result of the ongoing strife, Parmalat shares trade at a much lower multiple of profits to those of Danone, a quoted French foods group. True, the latter is much bigger and more ...

Danone SA, the world's largest yoghurt producer, said it was not interested in buying operations of Parmalat. A Danone spokeswoman denied reports in Repubblica and other Italian newspapers of a ...

Most of the Anglophone media world has been labeling the Parmalat mess a "European Enron." Sounds reasonable: Billions of dollars may have gone missing from the company's accounts. But the truth ...

Now, however, analysts believe National Foods is more likely to bid for Parmalat Australia, which is a smaller player in the Australian yoghurt market. Danone’s decision to sell its stake is ...

Parmalat qualified for about $5 billion in bank loans by double billing for some products, according to court documents and people familiar with the company’s financing. The Italian food giant ...

The hole in Parmalat's accounts may be considerably bigger than the Italian dairy group revealed on Friday, people familiar with the situation said at the weekend. Parmalat last week said €3.95 ...

Police detained seven more people and issued an arrest warrant for an eighth in the spiraling Parmalat scandal, accusing top former officials at the dairy giant as well as outside auditors with ...

Mr Tooth said any equity deal with Danone was not aimed at fending off suitors such as Parmalat, which was seeking control of Dairy farmers in exchange for its dairy processing assets.