Parmalat Readies New Share Listing
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Parmalat Finanziaria SpA said Tuesday it is preparing a stock offering, a key step as it seeks to emerge as a new company from a multibillion fraud scandal.
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Russian steelmaker Severstal intends to sell shares in London and plans internal reforms ahead of any listing.
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MILAN, Aug 19  - Parmalat on Thursday fired off the latest lawsuit in its bid to recover billions of euros from banks that did deals with the now insolvent dairy group, saying it had sued CSFB for ...
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Parmalat issues proceedings against its ex-auditors over their dealings with the insolvent group before its near collapse
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The spectre of a fresh scandal to follow the Parmalat affair hung over the Italian financial world as magistrates continued a probe into accounting irregularities at Italy's top construction company Impregilo.
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Extraordinary commissioner Enrico Bondi has filed a claim against CSFB in a Parma court in connection with a forward sale agreement between the bank and Parmalat dating from January 2002.
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The bond firm plans to tackle riskier investments.
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LONDON, August 18 (New Ratings)  The insolvent Italian dairy food product company, Parmalat Finanziaria SpA (PAF.FSE), filed a lawsuit against its former auditors, Deloitte &amp; Touche and Grant Thornton, today, seeking damages of at least $10 billion.
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Italian dairy group Parmalat reported a 27 percent spurt in 2006 operating earnings that it attributed to a 4.7 percent jump in sales and tight cost controls.
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ROME  - Financial services giant Citigroup Inc. has filed a suit in an Italian court complaining it has been treated unfairly by Parmalat's new administration following the global dairy giant's bankruptcy filing.
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Alitalia shares rise on the back of news that 11 potential bidders have expressed interest in the Italian airline.
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Italian dairy giant Parmalat SPA owes nearly $26 billion to creditors including many big international banks, a judge ruled Friday in a decision that will affect who will become a shareholder in the reorganized company.
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MILAN: A judge on Tuesday began preliminary hearings into the 14 billion euro ($NZ26 billion) collapse of Parmalat that could lead to one of the biggest trials in Italian corporate history involving the dairy group&#39;s former executives, bankers and auditors
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Parmalat can be sued by shareholders in a suit involving the collapse of its predecessor,  a US judge rules.
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MILAN, Italy Oct. 5, 2004 - Two former auditors at Parmalat were ordered to stand trial for false accounting and market rigging under a fast-track procedure, the first indictments since the masssive fraud scandal at the Italian-based dairy giant.
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Italian dairy giant Parmalat SPA owes nearly $26 billion to creditors including many big international banks, a judge ruled Friday in a decision that will affect who will become a shareholder in the reorganized ...
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Time Warner Inc.'s  cable division said on Tuesday it has become a public company and expects its shares to be listed on the New York Stock Exchange and start trading as early as March 1.