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Italian daily La Repubblica said in an unsourced report on Saturday Parmalat had hired investment bank Mediobanca SpA to study a possible bid for the Dairy Fresh unit.
The source told Reuters: "There is no interest."
Claudio Giacomello, analyst at Banca Akros, said in a report that Parmalat's operations in Australia lacked significant size and the company should either increase its presence or exit the market.
A spokesman for Parmalat declined to comment.
Parmalat lost out in August to Japan's Kirin Holdings Co Ltd in a bid for rival Australian producer Dairy Farmers.
Analysts said Goodman may score more than A$500 million ($340 million) for its Dairy Fresh unit, one of the leading suppliers of consumer dairy products in New Zealand.
Goodman acquired the unit in December 2005 for A$830 million. Since then, earnings have halved and it has taken a A$170 million writedown.
Giacomello said Parmalat, which has about 1.4 billion euros in liquidity, could consider a deal only if it is cheap.
Other potential bidders might include Kirin and France's Group Danone SA, as well Singapore's Olam Internatinoal Ltd and Canada's Saputo Inc, which both showed interest in Dairy Farmers.
By 1140 GMT, Parmalat shares were up 3.5 percent at 1.22 euros, outperforming the 1.6 percent gain in the DJ Stoxx index of food and beverage companies.
On Dec. 29 Parmalat shares touched an all-time low of 1.125 euros.
(Reporting by Sabina Suzzi and Danilo Masoni and Miranda Maxwell in Sydney) Keywords: GOODMANFIELDER/PARMALAT (danilo.masoni@thomsonreuters.com; +39 02 661 29 734; Reuters Messaging: danilo.masoni.thomsonreuters@reuters.net)
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