Danone sells its organic dairy products activities in the USA – 01/02/2024 at 05:07


Danone SA DANO.PA:

* ANNOUNCES THE SIGNATURE OF AN AGREEMENT TO SELL ITS U.S. ORGANIC DAIRY BUSINESS TO PLATINUM EQUITY, A U.S.-BASED INVESTMENT COMPANY

* THIS DISPOSAL IS PART OF THE PORTFOLIO REVIEW AND THE ASSET ROTATION PROGRAM ANNOUNCED IN MARCH 2022 AS PART OF THE RENEW DANONE STRATEGY

* WILL RETAIN A NON-CONSOLIDATED MINORITY INTEREST IN THE ASSET. COMPLETION OF THE ASSIGNMENT IS SUBJECT TO THE USUAL PREREQUISITES

(Paris editorial team)



Source link -86