Friday, October 21, 2005
Parmalat Pursuing 100 Million Euro Sale Leaseback of Madrid HQ
AFX International, quoting spanish newspaper La Gaceta de los Negocios, reports that Parmalat SpA has put its Madrid headquarters up for sale for over 100 mln euro. The Italian dairy and fruit juice company is expected to remain in the building under a lease back contract following the sale according to unnamed sector sources.
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