Danone has recently increased its stakes in both Yakult and
Wimm-Bill-Dann, but claims it currently has no plans for a complete
takeover of either firm.
Russian dairy Wimm-Bill-Dannhas confirmed that a number of its
shareholders have approached French group Danone in a move which
could lead to a takeover of the company.
French yoghurt manufacturer Danone has announced that it has raised
its stake in probiotics maker Yakult to 19 per cent, citing strong
performance of the Japanese company as the reason for its long-term
investment.
Struggling Dutch nutritional supplement company Numico is rumoured
to be the target of a bid by dairy products giant Danone, although
the French company has denied having any interest in the Dutch
firm.
Dutch nutrition company Numico is struggling to stay afloat at the
moment, but rumours in the Dutch press suggest French dairy giant
Danone could be interested in a bid. An odd choice for the French
company which has been streamlining...
Sales at diversified French company Danone dropped by 6 per cent in
2002 reflecting the effect of currency exchange and the company's
ongoing programme of disposal and investments. But underlying sales
growth was good, especially...
French food and drink producer Danone highlights its positive
like-for-like sales growth in the year to date, even though sales
in actual terms were lower than in 2001 as a result of exchange
rate concerns.
Danone might have failed to prevent Leche Pascual calling its
long-life desserts 'yoghurts' but the French group has successfully
prevented the company from registering with the Spanish yoghurt
producers' association...
A spokeswoman for Russian dairy and fruit juice group
Wimm-Bill-Dann reports that France's Danone recently increased its
stake in the company. An indication that WBD's policy of rapid
expansion is the right way to go?
French food giant Danone is believed to be interested in St Ivel,
the yoghurts division of the UK food group Uniq (formerly Unigate),
reports French financial paper Les Echos.
