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Danone chair supports takeover transparency law

Danone's chairman appeared to defend French government proposals for more transparency from firms during takeover rumours, in an internal interview concerning the recent PepsiCo gossip.

Water charge batters Danone profits

Another write-down charge hits French firm Danone, taking the gloss off a rise in dairy and beverage sales, as rumours of a take-over bid by PepsiCo subside, reports Chris Mercer.

Rumors of PepsiCo's bid for Danone gain substance

US-based PepsiCo has engaged investment banks Morgan Stanley and UBS to advise on a possible takeover of Danone, the French bottled water, yoghurt and biscuits group, according to a report...

Danone, Yakult link up for Indian joint venture

Danone and Yakult have chosen India as the next market to target with their probiotic products, setting up a joint venture in the country.

China approves Danone dairy deal

French dairy giant Danone has received approval from the Chinese authorities to more than double its existing stake in China's biggest dairy company, Tom Armitage reports.

Danone to double Chinese dairy stake

Danone, France's leading food manufacturer, is to double its stake in China's Bright Dairy and Food to just under 10 per cent, a move expected to herald a ramping up...

Danone weathers water cooler write down as net profits slide

Danone, the French dairy conglomerate, announced today that net profits had plummeted 62 per cent, following the costly €600 million write down of its water-cooler business last month, Tom Armitage reports.

Danone set to reap increasing dividends in Asia Pacific

French dairy giant Danone is poised to benefit from bullish growth in the Asia-Pacific region. Analysts say that a recent investor trip by company executives to China confirms its intentions...

Danone, Parmalat fined for misleading Hungarian ads

Hungary's competition watchdog has fined French dairy giant Danone HUF10 million for manipulating and misleading consumers with its advert for Danone Activia yoghurt, writes Chris Mercer.

Danone shows steady growth

French food group Danone has reported steady if unspectacular growth for the third quarter of the year, with poor weather in much of northern Europe impacting sales compared to last...

Danone launches new, magnesium-rich milk drink

French firm Danone, one of the world's top ten food and drink companies, has launched a novel dairy concept on the Belgian market this month.

Added value boost for Danone

Dairy giant Danone posted a sharp increase in like-for-like revenues for the first quarter of 2004, boosted in particular by strong sales of 'healthy' dairy products such as its probiotic...

Dairy, bevs boost Danone, but biscuit sales crumble

Rumours of a possible sale of the Danone's biscuit business surfaced again this week after the company unveiled full year figures pegged back by its weak performance. But the core...

Polish dairy may compete with Danone

Polish milk processing company Mlekovita witnessed strong growth in 2003. This has secured the company third place in terms of market position in the country. It is now Poland's third...

Danone to increase dairy production in Russia

Danone has announced plans to increase the production capacity of two of its Russia-based dairies. The move has been influenced by the company's increased Russian profits caused by the growth...

'Organic' growth from Danone

Danone, the French dairy product, bottled water and biscuits group, may have said that it is not interested in acquiring any assets of bankrupt Italian group Parmalat, but this does...

Muller complains about Danone's advertising

The Advertising Standards Authority (ASA) has received complaints from members of the public and from the dairy giant Muller about a Danone yoghurt advert published in a UK magazine. The...

Danone WBD talks called off

Danone's on-off acquisition of Russian dairy market leader Wimm-Bill-Dann appears to be off again, at least for the time being. WBD has today announced that talks have been broken off...

WBD buy delayed by Danone

Amidst growing political instability in Russia, French food group Danone has postponed its planned takeover bid for Russian dairy products and juiceproducer Wimm-Bill-Dann. The Financial...

Takeover rumours hang over Danone

Speculation has once again been rife this week that French food and drink giant Danone could be close to signing a deal with Wimm-Bill-Dann , the...

Danone's rumours grow

There is increasing speculation regarding the future of French dairy-to-biscuits group Danone , with the firm being touted as both a takeover target and a likely...

Dairy drop off for Danone

Danone , the diversified French food and drink group, saw its sales drop by 8 per cent during the first half of 2003 with currency exchange...

Danone plays it cautious

French company Danone is linked with almost any potential takeover target in the dairy sector these days, or so it seems, and the group has...

WBD and Danone in talks

Rumours of a possible takeover of Russia's leading dairy group Wimm-Bill-Dann by French dairy giant Danone have been circulating for some time, but have both...

Healthy first quarter for Danone

French dairy-to-biscuits group Danone reported like-for-like sales grew 7.8 per cent during the year, although negative exchange rates and the impact of disposals (notably that...