LBR Could See Other Bidders

LBR Could See Other Bidders

Brazil Europe M&A

Lacteos Brazil (LBR), which is heard to be in talks with Parmalat over a potential merger, could see offers from other bidders as well. Lacteos is said to be in talks over a deal that could be valued at $3.4bn, according to local press reports. The deal would see Parmalat, the Italian food and dairy company, make an all-stock offer for the Brazilian dairy company, according to the reports. LBR is the result of a merger between Leitbom and Bom Gosto announced late last year. Leitbom, meanwhile, i

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial