Danone SA

An activist investor has called on Danone chief executive Emmanuel Faber to step down after taking a stake in the French food group late last year.

Investors have soured on yoghurt maker Danone. Activist Bluebell Partners wants the 38 billion euro company to split the role of chairman and chief executive and for boss Emmanuel Faber to step down. Underperformance during his tenure makes a convincing case for at least...

Danone said on Monday it was focused on delivering value for its shareholders after a report by Challenges.fr that activist fund Bluebell Partners had taken a stake in the French company and was pushing for governance changes.

French food group Danone said on Monday it was naming departing finance chief Cecile Cabanis to the newly created role of non-executive Vice Chairman of the board and appointing three new independent board members as it seeks to improve governance.

French food group said on Monday it was naming departing finance chief Cecile Cabanis as non-executive Vice Chairman of the board and appointing three new independent board members in a bid to improve its governance.

French food group Danone plans to cut up to 2,000 jobs, trim product ranges and reorganise its global business to become leaner and more agile in a post-COVID environment.

French food group Danone SA announced new cost-savings targets on Monday and said it planned to become a more "local-first" organization worldwide, as part of efforts to adapt to a post COVID-19 market.

French food group Danone <DANO.PA> is planning what could become a string of asset disposals after an extensive review and management shake-up announced on Monday as it seeks to contend with the challenges posed by the coronavirus crisis.

Major advertisers including Procter & Gamble <PG.N>, Danone <DANO.PA> and Chipotle Mexican Grill <CMG.N> are committed to spending on TikTok even as the hot Chinese-owned video sharing platform faces a possible ban in the U.S. after the government accused it of being a national...

Danone <DANO.PA> on Tuesday said it would sell its remaining 6.6% stake in Japanese probiotic yogurt maker Yakult Honsha <2267.T> in a move that will strengthen the French food group's balance sheet.

Shrinking bottled water sales during COVID-19 lockdowns drove down Danone's <DANO.PA> quarterly sales, and the company warned costs linked to the pandemic would weigh on its profit margin for the rest of the year.

French food group Danone said on Thursday it would spend 100 million euros ($114.08 million) to strengthen its Specialized Nutrition business in China, as it bets on the Chinese market as a source of growth.

Ferrarelle, Italy's fourth largest mineral water producer, said on Thursday it struck a distribution deal with French food company Danone <DANO.PA>, to boost exports and increase the awareness of its top brand in foreign countries.

* NEW ISSUE TO ENHANCE FUNDING FLEXIBILITY, EXTEND MATURITY OF ITS DEBT AND OPTIMIZE COST

French food group Danone confirmed on Wednesday it would pay out a 2019 dividend of 2.10 euros per share.

* COMPETITION AND MKTS - MERGER UPDATE: DANONE S.A. / HARROGATE WATER LTD

* UK'S CMA IS INVESTIGATING ANTICIPATED ACQUISITION BY DANONE S.A. OF HARROGATE WATER BRANDS LIMITED

Danone <DANO.PA> on Tuesday withdrew its financial guidance for 2020 owing to the disruption caused by the coronavirus pandemic but posted higher first-quarter sales as shoppers bought more dairy, plant-based and nutrition products to eat at home.

* At-home consumption boosts dairy, plant-based goods (Adds details from statement, CFO call)