Lifeway Foods blocks Danone takeover with poison pill strategy
Lifeway Foods, a pioneer in kefir and probiotic products across the United States, made a definitive stand by rejecting a $283 million takeover bid from ... Read More
Danone mulls sale of US organic dairy brands – Horizon Organic and Wallaby
Danone said that it will consider a possible sale among other strategic options for its organic dairy activity in the US, which includes the Horizon ... Read More
Danone to offload effective control of EDP business in Russia
French food company Danone has decided to begin a process of transferring the effective control of its essential dairy and plant-based business (EDP business) in ... Read More
Danone plans to sell its stake in Chinese dairy manufacturer Mengniu
French food company Danone said that it has launched the strategic sale of a stake of around 9.8% in China Mengniu Dairy Company through an ... Read More
Danone launches Oikos Pro dairy products range in snackable and drinkable forms
Danone North America has launched a new range of high-protein dairy products, that are packaged in snackable cup and drinkable bottle forms, under the Oikos ... Read More
Danone’s Nutricia acquires special needs business Real Food Blends
French dairy giant Danone’s specialized nutrition division Nutricia has acquired Real Food Blends, a company that makes meals for people with feeding tubes. The financial ... Read More
Danone sells remaining stake in probiotic milk beverage maker Yakult Honsha
French food company Danone has sold its remaining stake of 6.61% in Yakult Honsha, the maker of Japanese sweetened probiotic milk beverage Yakult, for JPY ... Read More
Danone injects €100m to bolster specialized nutrition business in China
Danone said that it is investing €100 million in China for bolstering its specialized nutrition business in China besides broadening and deepening its variety of ... Read More