Danone

Saudi Dairy Firm Nadec To Buy Danone Unit Via Capital Raise

Saudi Arabia’s National Agricultural Development Company, part owned by the sovereign wealth fund, will acquire Danone’s venture in the country...

Fat Is Back And Premium Butter Makers Are Taking The Cream

Consumers aren’t just eating more butter, they are willing to pay more for it, a boon that’s giving outsize gains to makers of premium brands....

Danone Gains Versus Nestlé In Feeding China's Baby Boom

Danone is leading the race to feed China’s babies, gaining ground against Nestlé and Reckitt Benckiser Group, and offsetting a slump in its yo...

Yakult Shares Tumble As Danone Plans To Sell $1.8 Billion Stake

Shares in Yakult Honsha tumbled the most in 19 months after Danone, the world’s largest yogurt maker, said it is selling about $1.8 billion worth of...

Danone, Yakut Announce ‘New Phase’ In Strategic Collaboration

Dairy brand Danone has announced a ‘new phase’ in its strategic collaboration with probiotic beverage firm Yakult, seeing the two brands intens...

Danone Invests $30 Million In Premium Coconut Water

Danone has said that its capital investment unit, Danone Manifesto Ventures, has made a $30 million investment in premium coconut water company Harmless Ha...

China's Baby-Formula Revamp May Trigger Boom For Nestlé, Danone

A safety overhaul of China’s notorious baby-formula industry removed about 1,400 products from store shelves this week, clearing the way for internat...

Danone Awarded €105 Million After Fonterra Contamination Scare

Danone has been awarded €105 million in damages, to be paid by New Zealand dairy company Fonterra, following a contamination scare in 2013. The dai...