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Danone SA and Yakult Agree on New Cooperation Framework to Replace Existing Alliance


Friday, 26 Apr 2013 02:14am EDT 

Danone SA announced that discussions on the development of the partnership with Yakult have taken place in recent months, leading to the termination of the alliance agreement and the signing of a new cooperation framework. This new framework calls for existing collaborations to be continued, and envisages extending them into areas that are more operational in nature and that offer benefits for both parties. This framework does not contain commitment or limitation regarding Danone's equity interest in Yakult. 

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9:15am EDT