No result on Parmalat-tender
Friday, June 24, 2005, 16:26
A single bid for the former Hungarian unit of troubled Italian dairy giant Parmalat
was rejected on Thursday, online news portal Index reported. A new bid for the company will be called next week with a deadline sometime in the middle of July. Because of the lack of interest, the price for the company will be halved to Ft 4 billion plus VAT, and the company's supplies will be sold separately for Ft 1 billion Ft 1.4 billion. The rejected offer was from A-Tej Tejipari Kft., a Hungarian dairy owned by dairy farmers (60%) and Italian refrigerated truck company Catone (40%).