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Danone SA (DANO.PA)

DANO.PA on Paris Stock Exchange

66.19EUR
11:35am EDT
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€0.34 (+0.52%)
Prev Close
€65.85
Open
€65.89
Day's High
€66.19
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€65.38
Volume
1,279,538
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1,779,761
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€70.53
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€57.66

Latest Key Developments (Source: Significant Developments)

Inner Mongolia Yili to bid for entire stake in Danone's Stonyfield for about $850 mln
Wednesday, 10 May 2017 07:19am EDT 

May 10 (Reuters) - Inner Mongolia Yili Industrial Group Co Ltd <600887.SS>:Says it plans to bid for entire stake in Danone's Stonyfield for about $850 million.  Full Article

Danone makes 1 bln euros in sales in e-commerce - CEO
Thursday, 27 Apr 2017 10:47am EDT 

April 27 (Reuters) - Danone CEO Emmanuel Faber tells the annual shareholders meeting::Danone generates about 1 billion euros in sales in e-commerce worldwide.Danone makes 15-20 percent of its advertising spending in digital. .  Full Article

Danone expects Q2 dairy sales to be low-single negative
Thursday, 20 Apr 2017 01:08pm EDT 

April 20 (Reuters) - Danone CFO Cecile Cabanis tells analysts::Expects dairy division sales to be low-single negative in q2, eyes flattish performance for the year- cfo.Danone expects early life nutrition sales to grow low to mid-single digit in q2, eyes 2017 performance slightly below that of 2016 - cfo.Danone cfo says group agenda for 2020 has not changed but group will discuss it more in detail at investor seminar in evian next month.  Full Article

Whitewave announces court order allowing for completion of merger with Danone
Thursday, 6 Apr 2017 01:32am EDT 

The WhiteWave Foods Co: Whitewave announces court order allowing for completion of merger with Danone . Whitewave Foods - Expects closing of Danone's acquisition of Whitewave to occur within five business days from date of court's order on April 5, 2017 .Whitewave - In accordance with merger agreement, Co, Danone to extend long stop date under merger agreement to allow for completion of merger.  Full Article

Danone gets court approval to complete WhiteWave acquisition
Thursday, 6 Apr 2017 01:30am EDT 

Danone : U.S. District Court for the District of Columbia issued an order on April 5 which will allow for the completion of the company's acquisition of WhiteWave . Danone and WhiteWave expect the transaction to close within 5 business days as from the date of the court's order of April 5 . Danone had earlier won U.S. antitrust approval for its $10.4 billion WhiteWave takeover [nL2N1HB1UJ] .In July 2016, France's Danone first announced its WhiteWave acquisition, in a deal which Danone said would double the size of its U.S. business. The deal also marked Danone's largest acquisition since 2007. [nL8N19T178].  Full Article

WhiteWave reaches agreement with antitrust division of U.S. DOJ in relation to its merger with Danone
Friday, 31 Mar 2017 01:33am EDT 

WhiteWave Foods : WhiteWave announces major milestone towards completion of merger with Danone .achieved milestone towards completion of planned merger with reaching agreement in principle with antitrust division of U.S. DOJ.  Full Article

Danone still targets end of Q1 for Danone-WhiteWave deal closing
Thursday, 23 Feb 2017 08:32am EST 

Danone CEO Emmanuel Faber at CAGNY conference :Says continuing to target end of Q1 for Danone-WhiteWave deal closing.  Full Article

Whitewave Foods Q4 earnings per share $0.34
Thursday, 16 Feb 2017 04:20pm EST 

Whitewave Foods Co : Whitewave foods reports fourth quarter and full year 2016 results . Q4 sales $1.1 billion versus I/B/E/S view $1.1 billion . Q4 earnings per share $0.34 . Q4 earnings per share view $0.42 -- Thomson Reuters I/B/E/S . Whitewave Foods Co - not providing operating or financial guidance for 2017 due to its pending merger with danone s.a . Whitewave Foods Co says united states doj continues to review merger with danone under Hart-Scott-Rodino act . Whitewave Foods Co- results reflect operating difficulties experienced in fresh foods platform, totaled about $25 million of additional costs during q4 2016 .Whitewave Foods Co says targeting completion of merger with danone in q1 2017.  Full Article

ICT Group wins contract from Danone Nutricia
Tuesday, 4 Oct 2016 10:29am EDT 

ICT Group NV :Selected by Danone Nutricia to develop manufacturing software for new smart factory.  Full Article

WhiteWave Foods- Danone voluntarily withdrew its Hart-Scott-Rodino Act notification on Aug 31
Friday, 23 Sep 2016 04:51pm EDT 

WhiteWave Foods Co: On August 31, 2016, Danone voluntarily withdrew its Hart-Scott-Rodino act notification to provide DOJ with additional time for review - SEC Filing . On Sept 2, Danone refiled its notification, such that waiting period is currently scheduled to expire at 11:59 pm on Oct 3 . WhiteWave anticipates that DOJ will issue a request for additional information . Understands that Danone expects to obtain a clearance decision for deal by end of November . Understands that Danone anticipates making required notification under eu merger regulation by early October .WhiteWave and Danone have been working with DOJ and European commission and continue to target closing transaction by end of 2016.  Full Article

More From Around the Web

UPDATE 1-Danone eyes 2020 operating margin of above 16 pct

PARIS, May 18 French food group Danone said it banked on synergies from its acquisition of U.S. organic food producer WhiteWave and on a one billion euro cost-cutting plan to lift its recurring operating margin above 16 percent of sales in 2020.