Italian MPS Venture eyes Parmalat chocolate unit

Italian private equity fund MPS Venture Sgr is interested in acquiring local Streglio S.p.A., the chocolate unit of Italian bankrupt food group Parmalat Finanziaria S.p.A.,MPS Venture’s director general Gabriele Cappellini said. When Parmalat’s government- appointed administrator Enrico Bondi decides to sell Streglio’s assets,MPS Venture will be willing to study the possible acquisition. MPS Venture Sgr is a subsidiary of MPS Merchant,which is controlled by local banking group Monte dei Paschi di Siena (MPS).