In 2015 revenues reached €6.42 billion and EBITDA €444.5 million. Lactalis prepared to delist Parmalat in 2016 with a buyout offer at €2.8 per share to acquire the remaining 12%, then raised to €3 but eventually failed due to opposition by hedge fund Amber and others. In December 2018, Lactalis was thought to have almost reached 95% shares at an open market price of around €2.85/share and to be about to launch a new takeover and delisting offer. Lactalis acquired 7% of the shares from Amber and other shareholders which had opposed the 2016 takeover, and confirmed the delisting for March 2019.