Court favours Danone in 'cancer water' case
A court in Argentina has dismissed allegations against Danone
that it had engaged in unfair trade practices in the country
against rival Coca-Cola.
Danone marches towards Numico acquisition
Groupe Danone expects to conclude its acquisition of nutrition
company Numico in the first half of November, the two companies
said today, setting a timetable for the French group's bid to lead
the field in health and nutrition.
Danone restructures senior management
Danone yesterday announced a major restructuring of its senior
management as it continues to refocus its operations towards being
a leading player in health and nutrition.
Healthy half year for Danone's nutrition ambition
Danone has increased like-for-like sales by 8.2 per cent to €7.5bn
during the first half of the year as it continues to refocus its
operations towards health and nutrition.
Danone sells Danao in France
Danone France is selling its Danao brand, a mixed milk and fruit
juice, in the country to cider company Cidreries du Calvados la
S&P downgrades Danone's credit rating
Standard & Poor's announced today that it has lowered
its credit ratings on French company Danone, based on
the projected increased debt due its proposed acquisition of
Danone eyes Numico for healthier future
Danone yesterday tendered a €12.3bn offer for nutrition group
Numico in a bid to dominate the growing market for high
margin, added-value products.
Indian joint venture turns tables on Danone
Group Danone is experiencing further set backs to its plan to
expand its presence into Asia's booming dairy markets, as an Indian
joint venture partner turns the tables on the dairy giant,
according to press reports.
Wahaha gets personal in Danone disagreement
A legal disagreement between Danone and a Chinese business
partner today got personal, after the dairy giant was branded as
being "despicable" for launching a
court action in the US.
Danone and Yakult to accelerate R&D cooperation
France's Danone and Japan's Yakult will continue their strategic
alliance involving closer cooperation on R&D and entry into new
markets, maintaining their positions as leaders in the probiotics
Danone on course for 2007 ambitions
Decline within Group Danone's Asian operations failed to dampen a
strong first quarter performance for the company as like-for-like
sales underwent a 10.1 per cent rise to €3.6bn.
Wahaha rebuffs Danone's advances
Chinese beverage group Wahaha has hit out at plans by business
partner Danone to acquire the groups remaining assets.
Danone signs dairy joint venture in Colombia
French dairy giant Danone has continued its quest for new markets
by signing a joint venture deal in Colombia.
Healthy products breed healthy sales for Danone
Danone gave a bullish account of its 2006 performance, citing
strong growth for blockbuster dairy brands and an 'outstanding'
performance in beverage markets.
Danone loses appeal in EU cartel case
France's Danone must pay a €42m fine for its role in a cartel in
Belgium, an EU court has ruled, backing Commission plans to get
tough on repeat offenders.