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11-Dec-2018 - Danone North America is voluntarily recalling 3,521 cases of Light & Fit® Greek Crunch Nonfat Yogurt & Toppings S’Mores Flavor sold in the United States with an expiration date of December 30, 2018 and UPC of 36632 03825. It was discovered that some of the toppers sold on the product contain ...
17-Oct-2018 - The French food group Danone was held back in the third quarter by weaker demand for baby food in China. The depreciation of currencies such as the Argentine peso and the Brazilian real also had an unfavorable effect. Sales in the third quarter fell by 4.4 percent to6.2 billion euros, as Danone ...
29-Mar-2018 - Danone said that it has sold a total of 24.60 million shares of Yakult Honsha Co., Ltd., for an aggregate amount of JPY 175 billion gross proceeds, representing 1.3 billion euros. The companynoted that the proceeds from the transaction will be used to continue on its deleveraging path and to ...
14-Feb-2018 - French dairy giant Danone SA (DANOY.PK) said it has signed an amended Memorandum of Understanding or MOU with Yakult Honsha Co, Ltd., a Japan-based provider of probiotic beverages. In addition, Danone intends to sell part of its 21.29 percent stake in Yakult. Building on a formal collaboration ...
04-Dec-2017 - An arbitration tribunal has ordered New Zealand dairy giant Fonterra to pay Danone of France $125 million for recall costs stemming from a 2013 food scare. The recall was made out of concerns, which proved later to be untrue, that some Fonterra products supplied to four Danone Nutricia baby ...
Emmanuel Faber appointed Chairman and Chief Executive Officer Franck Riboud appointed Honorary Chairman
19-Oct-2017 - Enhanced Board Leadership Structure With the transitional period of enhanced Chairmanship coming to an end this year as previously announced, Danone’s Board of Directors has unanimously voted to combine the functions of Chairman and Chief Executive Officer. Emmanuel Faber, who has served as CEO ...
31-Jul-2017 - French dairy giant Danone SA (DANOY.PK) reported an 11 perecnt increase in net income, Group share for the first half of 2017 on higher sales and confirmed its full-year outlook. For the first half of 2017, net income, Group share, increased 11 percent to 977 million euros from 880 million euros ...
04-Jul-2017 - Danone, a global food company, announced that it has entered into a binding agreement to sell Stonyfield, one of its U.S. dairy subsidiaries, to Lactalis for a purchase price of $875 million, representing 20 times its EBITDA in 2016. This divestiture is part of the agreement reached on March ...
08-Jul-2016 - Yogurt giant Danone says it reached a $10 billion deal to buy American organic food maker WhiteWave, expanding the French company's foothold in health foods and the U.S. market. Paris-based Danone said in a statement Thursday that it is paying $56.25 per share in the deal, 24 percent above ...
23-Feb-2015 - French dairy giant Danone SA (DANOY.PK) reported Friday a decline in its profit for fiscal 2014, reflecting lower margin and weak sales. On like-for -like basis, sales increased 4.7 percent, reflecting a 6.2 percent increase in value, despite a decline in sales volume. The stock is losing around ...
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