Sunday July 12, 2020

Danone strikes multibillion dollar US deal

Frank Riboud is chairman of Danone

10th July, 2016
Danone is to work with organic food company WhiteWave Foods

French food giant Danone has struck a $10 billion deal to acquire US organic food company WhiteWave Foods.

“We believe WhiteWave’s size, positioning and geographical footprint fits perfectly with Danone’s strategy and that it is the right transaction at the right time.”

Frank Riboud, chairman, Danone

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