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Parmalat acquisition probe: Court appoints commissioner to oversee LAG price adjustment
date:Apr 03, 2013
s to facilitate the annulment of the LAG deal.

While an administrator has been appointed by the court, Parmalat has confirmed that its Board of Directors would retain all powers of ordinary and extraordinary administration.

Parmalat board retains all powers

The LAG acquisition has been the subject of civil and criminal probes in Italy since its completion.

The investigations were sparked by concerns from shareholders, the Italian industry minister, and the country's stock market regulator, C

12/24 11:02