Lactalis Launches Buyout Bid to Delist Parmalat

France’s Lactalis, the world’s largest dairy firm, said on Tuesday it was launching a buyout offer for shares in Italian group Parmalat it does not already own, with the aim to delist the company from the Milan stock exchange.

Harris Farm ditches $1 milk

Independent grocer group Harris Farm Markets is joining the backlash against cheap $1 a litre milk, pulling discount house brands from its shelves. By ANDREW MARSHALL.