Labrusca Family Fund Sold Parmalat Stock
Tuesday, 22 March 2011 15:20
Bloomberg 22/3-2011: Labrusca Family Office AB said it
has sold Parmalat SpA shares since the end of February, when it
held 6.3 percent, without being more specific.
"We are very pleased to say that we do not have the same
size position today, after good performance of late,” said
Filip Weintraub, who founded the fund in 2010 after leaving as
head of Skagen Global, in an e-mail today. “We have already
identified a Japanese alternative within the sector where we
have deployed capital."
Parmalat fell in Milan trading after Groupe Lactalis said
it will buy out a group of shareholders, removing an activist
investor from a battle for control of Italy’s biggest dairy
company.
Last Updated ( Tuesday, 22 March 2011 15:24 )




