Parmalat sues Hermes for €5bn over collapse

By 2008-04-21T15:10:00

[16:10 CEST 21-4] ITALY/UK –Parmalat, the Italian food group, is suing Hermes Focus Asset Management Europe for more than €5bn in damages on the grounds of that it worsened the "financial distress" relating to the firm's collapse in 2003.

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