A leading businessman, tipped to become Parmalat’s interim CEO, has advocated an aggressive expansion strategy but a Nomura analyst cast doubt on the M&A prospects of the Italian dairy firm.
The company should consider further acquisitions as part of its goal to become one of the top five largest dairy companies, according to Massimo Rossi, a former head of Swedish Match who is being tipped by some to become interim CEO.
In an interview with Bloomberg, Rossi said the the Italian dairy...
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