Danone SA (DANOY.PK)
2 Dec 2016
BRUSSELS, Nov 28 The following are mergers under review by the European Commission and a brief guide to the EU merger process:
LONDON/NEW YORK Japan's Ajinomoto and PepsiCo are among bidders seeking to buy a stake in African dairy and drinks company Promasidor in a deal that would give them access to its distribution network across the continent, sources told Reuters.
LONDON, Oct 19 Reckitt Benckiser Group reported weaker than expected sales on Wednesday, blaming various issues including a "failed" new Scholl footcare product and becoming the third European consumer goods maker in a week to talk of tough conditions.
PARIS French food group Danone reported a worse than expected slowdown in quarterly sales growth on Tuesday as difficulties in China hurt its baby food and water divisions.
* Says full-year margin growth will be at high end of forecast
PARIS, Oct 18 Danone posted a slowdown in underlying third-quarter sales growth on Tuesday, as regulatory changes in China weighed on its infant formula sales and de-stocking of the Mizone water in China continued.
NEW YORK, Oct 17 A coalition of farmers slammed Danone SA's U.S. subsidiary on Monday for marketing new products made without genetically modified ingredients, or GMOs, as supporting sustainable agriculture.
FRANKFURT Dutch chemical technology firm Avantium will announce an initial public offering (IPO) this week to fund production of plant-based plastics for Coca Cola bottles and Danone yoghurt cups, two people familiar with the plan told Reuters.
* Proceeds to be spent on BASF joint venture (Adds equity market conditions, details on renewable plastics)
FRANKFURT, Oct 12 Dutch chemical technology firm Avantium plans to announce an initial public offering (IPO) this week to fund commercial production of plant-based plastics for Coca Cola bottles and Danone yoghurt cups, two people familiar with the plan told Reuters.
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