Court sets date for Parmalat vote

06/17/2005 | State (Columbia, S.C.), The

A court in Parma, Italy said creditors could vote from June 28 until Aug. 26 on Parmalat Finanziaria SpA's debt repayment proposal, which could lead the Italian dairy group's relisting on the Milan stock exchange. Parmalat, whose creditors are owed $25.05 billion, had its shares pulled from the stock market in December 2003 after the discovery of an $18 billion fraud.

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State (Columbia, S.C.), The

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