Danone SA (DANOY.PK)
26 Jul 2017
* H1 operating margin 14.18 pct of sales vs forecast 13.4 pct
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.
LONDON Activist investor Daniel Loeb is keeping up pressure on Nestle by sharing views with the company as part of a regular dialogue, a source familiar with the matter told Reuters.
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.
* Stonyfield sale flagged earlier this year (Adds Breakingviews link)
July 3 Inner Mongolia Yili Industrial Group Co Ltd
PARIS, July 3 French food group Danone has agreed to sell its U.S dairy business Stonyfield to Lactalis for $875 million, as part of Danone's commitments with U.S. authorities following its takeover of organic food group Whitewave.
LONDON/NEW YORK U.S. activist shareholder Third Point LLC has targeted Nestle by taking a $3.5 billion stake in the food maker and urging Europe's most valuable company to boost returns as demand for its products weakens. | Video
PARIS Emmanuel Faber, CEO of Danone, wants the world's biggest yogurt maker to play a central role in the revolution sweeping the global food industry as it tries to respond to a consumer shift towards healthy eating.
June 13 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Tuesday:
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