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 58 billion (€470 million). Danone took up the sale to strengthen its balance sheet. Its collaboration with Yakult began through a 10-year partnership alliance that was signed in 2004. In […]