PARMALAT/CIRIO
PRESS RELEASE
PRESS RELEASE
Parmalat-Cirio: the parties have withdrawn notification and submitted another
The Italian Authority has resolved not to proceed with its investigation of the takeover by Parmalat of the dairy division of Cirio spa, because in the light of the representations made by the authority in the course of its investigation, on 8 June Parmalat withdrew its notification of the takeover. On 14 June, Parmalat submitted a new notification in a different form. The operation will be examined following the statutory procedures.
Rome, 18 June 1999