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DANONE SALES
From Hormuz to headquarters: Iran war ripples through corporate balance sheets, blurs forecastsBusinesses face rising costs and supply chain disruptions due to the U.S.-Israeli war with Iran. Companies report higher transport and raw ...
Global Inc speaks out: Iran war hurt biz already bruised by tariffs, high costsInvestors and economists are watching to see whether companies can absorb the shock, or if prolonged uncertainty over energy, transport and...
Danone set to complete renewal of its board with the proposed appointment of Sanjiv MehtaAt present, Mehta is the CEO and managing director of India's biggest consumer goods company HUL, a role he will leave on June 26, 2023. If...
Danone to sell assets, shake up management to revive businessFrench food group Danone is planning what could become a string of asset disposals after an extensive review and management shake-up announ...
Danone to sell remaining 500 million euro stake in Japan's YakultThe stake, which analysts estimate is worth about 500 million euros, is what remains after Danone sold most of its 21.29% stake in 2018. Da...
- Danone plans health drinks' JV
Groupe Danone is close to formalising a joint venture with the Mumbai-based Narang Hospitality Services for manufacturing, marketing and di...
- Danone announces rights issue plan to raise euro 3 bn
Groupe Danone SA on Monday announced a rights issue aimed at raising some euro3 billion (US$4.2 billion) to boost the company's financial a...
- Danone profit falls, sees growth slowing in 2009
Groupe Danone SA said Wednesday net profit fell nearly 70 percent last year from 2007, when earnings were boosted by the sale of its cookie...
- Doors still open to talks with Danone: Wadias
Britannia Industries is keeping the channel open for negotiations with Groupe Danone for getting back the IPR of the Tiger brand.
- Danone profits up sharply despite consumer downturn
French food group Danone said its first-half underlying net profit jumped 15.8 per cent to 701 million euros (1.1 billion dollars), bucking...
- Danone reports sales jump, optimism about China business
French food group Danone reported a sharp sales jump in the first quarter and said it was optimismtic a settlement could be reached in a co...
- Wadias to buy Danone's stake in Britannia
Two Wadia group companies - Kalabakan Investments and Bombay Burmah Trading - are set to buy Danone’s 25.1% stake in cookie major Britannia...
- Danone to sell 20% stake in China's Bright Dairy
French food giant Danone will sell its 20 per cent stake in Shanghai-based Bright Dairy and Food for $127 million.
- Biscuit Battle: Wadia ask Danone to pay damages
The groups are talking about an out-of-court settlement on the petition filed by the Wadia group against Danone regarding investment in Ave...
- Kraft offers $7.2 bn for Danone's cookie
Kraft Foods has made a $7.2 bn offer for Danone's biscuit business, looking for growth outside the US.
- Danone files lawsuit against Chinese partner
Groupe Danone, the world’s biggest yoghurt maker, said it filed a US lawsuit against units of its Chinese partner, Hangzhou Wahaha Group.
- Danone edifice new Indian crew
Danone is building its India team for its dairy plans; ex-chief financial officer of Max India will be the CFO.
- Danone lines up water, dairy plans
Groupe Danone is looking to consider its interests in Associated Biscuits International Holdings (ABIH) as a “strategic investment” under t...
- Wadia on warpath again as Danone enters Avesthagen
In the backdrop of peace talks between the Wadias and Groupe Danone, there seems to be some movement a week back on Nusli Wadia’s complaint...
- Danone to return 'Tiger' to Britannia
Danone, which had registered the Tiger brand as its own, has now agreed to return it to Britannia.