Parmalat, UniCredit Reach €271M Deal
Under the deal, UniCredit will pay the dairy company €229.7 million to settle any claims relating to Parmalat’s insolvency. A total of €42 million will be divided among Parmalat's tourism and soccer arms as well as other creditors, the two companies said.
Parmalat said in a statement that it was ceasing all actions against UniCredit.
In a statement on...
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