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Groupe Danone and Peregrine together invested US$70 million in return for the stake in five joint venture WHH companies. [1] The holding was held through a Singapore registered entity called Jinjia Investments Co (金加投资公司), the board of which consisted of two Danone representatives, and Francis Leung Pak-to from Peregrine.
On 20 May 2013, Danone announced a strategic investment (4.0%) in Mengniu, the top dairy products company in China, through an agreement with COFCO (the state-owned largest food company in China a majority shareholder in Mengniu). Later on, Danone raised its interest in Mengniu from 4.0% to 9.9%. In 2016, Danone is Mengniu's second shareholder ...
Danone North America is a consumer packaged food and beverage company based in White Plains, New York, U.S, that manufactures, markets, distributes, and sells branded premium dairy products (including yogurt), plant-based foods and beverages, coffee creamers, and organic produce throughout North America and Europe.
Danone is also in the process of selling its Russian business. It said previously that the deal could result in a €1 billion ($1.1 billion) hit to the value of the asset. The company said in ...
According to Le Figaro, Faber's appointment was favoured by Riboud, as likely to preserve the dual model of pursuing both social and economic values, which had been developed in the 1970s by Riboud's father, Antoine, as head of Danone. [11] In June 2016 Faber gave the commencement address to graduates of HEC where he spoke of the need for ...
The buyout will also create the Constellation will buy Calpine with 50 million of its shares and $4.5 billion in cash. It will also assume about $12.7 billion in Calpine debt.
Image source: GXO Logistics. The GXO buyout equation. The news of a potential sale comes as a surprise as GXO has been growing through acquisitions, and seemed set to continue that strategy after ...
In July 2016, it was announced that the French company Danone would purchase WhiteWave Foods for $10.4 billion. [20] The acquisition was completed in April 2017 and newly formed company is named "DanoneWave". [21] In 2020, Alpro's No Sugars oatmilk won the Lausanne Index Prize – Supreme Award, a processed food prize. [22]