Edition:
India

Parmalat SpA (PLT.MI)

PLT.MI on Milan Stock Exchange

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14 Dec 2018
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Wed, Nov 7 2018

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Kraft to sell Canada natural cheese business to Parmalat

Kraft Heinz Co has agreed to sell its Canadian natural cheese business to Parmalat SpA in a C$1.62 billion ($1.23 billion) deal that will help Kraft trim its debt and extend the North American footprint of Parmalat owner Lactalis.

UPDATE 3-Kraft to sell Canada natural cheese business to Parmalat

* Parmalat and owner Lactalis reinforce N. America presence (Adds background and statement from Parmalat owner Lactalis)

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