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Danone SA (DANO.PA)

DANO.PA on Paris Stock Exchange

66.19EUR
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Mon, Aug 14 2017

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Activist fund Corvex has $400 million stake in Danone: Bloomberg

Activist hedge fund Corvex Management owns shares in French food group Danone SA worth about $400 million, viewing the world's largest yogurt maker as significantly undervalued, Bloomberg reported late on Monday, citing people familiar with the matter.

UPDATE 1-Activist fund Corvex has $400 mln stake in Danone -Bloomberg

Aug 14 Activist hedge fund Corvex Management owns shares in French food group Danone SA worth about $400 million, viewing the world's largest yogurt maker as significantly undervalued, Bloomberg reported late on Monday, citing people familiar with the matter.

Activist Fund Corvex has $400 mln stake in Danone - Bloomberg

Aug 14 Activist hedge fund Corvex Management owns shares in French food group Danone SA worth about $400 million because it views the company as significantly undervalued, Bloomberg reported on Monday, citing people familiar with the matter.

French food group Danone's shares rise after bid speculation report

PARIS Shares in French food group Danone rose on Monday after the New York Post newspaper said in a report over the weekend that Danone could be a takeover target. (http://nyp.st/2vxjSjj) | Video

BRIEF-Danone completes sale of Stonyfield

* Danone announces the completion on August 1 of the sale of Stonyfield, one of its U.S. subsidiaries, to Lactalis, following the binding agreement signed on July 1

UPDATE 2-Danone signals faster sales growth in second half

* H1 operating margin 14.18 pct of sales vs forecast 13.4 pct

Danone keeps 2017 goals despite Q2 sales slowdown

PARIS, July 27 French food group Danone posted a higher-than-expected rise in first-half operating profit, helped by cost control and synergies from its acquisition of U.S. organic food producer WhiteWave.

France's Danone to sell Stonyfield to Lactalis for $875 million

PARIS French food group Danone has agreed to sell its U.S dairy business Stonyfield to Lactalis for $875 million, a move designed to address competition concerns stemming from its acquisition of U.S. organic food group WhiteWave.

UPDATE 2-France's Danone to sell Stonyfield to Lactalis for $875 mln

* Stonyfield sale flagged earlier this year (Adds Breakingviews link)

BRIEF-Inner Mongolia Yili does not win bid for Danone's Stonyfield

July 3 Inner Mongolia Yili Industrial Group Co Ltd

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