On Monday, the French
dairy giant Danone announced an agreement to sell its U.S subsidiary Stonyfield to Lactalis for $ 875 million.
French
dairy giant Danone has called on British retailers to limit the sale of infant formula to two units per customer, in an attempt to curb «unofficial exports» of Western - manufactured milk powder to China.
Not exact matches
Groupe
Danone, the French
dairy giant, has taken a 10.1 per cent stake in National Foods, Australia's largest listed
dairy company.
French
giant Danone put its chips on the table last week by forking out $ 486 million to increase its stake in China Mengiu
Dairy - China's biggest milk producer - to 9.9 per cent from 4 per cent.
Danone must cut the prices of its branded
dairy products significantly in parts of Europe to compete with lower - price private label brands, French banking
giant Societe Generale has claimed.
Global food
giant Danone is to merge its fresh
dairy products business in the CIS area with Unimilk, Russia's second largest manufacturer of
dairy products and baby food.
SHANGHAI / HONG KONG, Aug 7 (Reuters)- China fined six companies including Mead Johnson Nutrition Co,
Danone and New Zealand
dairy giant Fonterra a total of $ 110 million following an investigation into price fixing and anti-competitive practices by foreign baby formula makers.