As local competitors lined up to acquire assets from the far-flung operations of Italian dairy giant Parmalat last month, the crumbling company secured a $172 million loan, to help keep production running at its main operating unit.
As local competitors lined up to acquire assets from the far-flung operations of Italian dairy giant Parmalat last month, the crumbling company secured a $172 million loan, to help keep production running at its main operating unit.
Local courts in places as disparate as Hungary and Australia were busy deciding if and when parts of the company's empire could be sold, while in Italy, late last month a judge was deciding whether or not prosecutors had amassed enough evidence to put three institutions and 29 persons on trial.