Tamburi Investment Partners SpA (TIP.MI) is not interested in joining other investors in trying to prevent Groupe Lactalis from taking control of Parmalat SpA (PLT.MI), according to a person familiar with the situation, Monday.

Tamburi is not interested because an investment in Parmalat would not fit its strategy of investing in small- and medium-sized businesses, the person told MF-Dow Jones on condition of anonymity.

Lactalis, a French dairy group, has bought 29% of Parmalat, giving it influence over the selection of a new board and management.

Italian business and political leaders are trying to form a group of investors that could rival Lactalis as a shareholder.

-By Danilo Caselli, MF-Dow Jones; Gilles Castonguay, Dow Jones Newswires; +39 02 5821-9908; gilles.castonguay@dowjones.com
Tamburi Investment Partn... (BIT:TIP)
Historical Stock Chart
From Oct 2024 to Nov 2024 Click Here for more Tamburi Investment Partn... Charts.
Tamburi Investment Partn... (BIT:TIP)
Historical Stock Chart
From Nov 2023 to Nov 2024 Click Here for more Tamburi Investment Partn... Charts.