danone buys us organic producer whitewave foods
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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Danone buys US organic producer WhiteWave Foods

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Arab Today, arab today Danone buys US organic producer WhiteWave Foods

Paris
Paris - Arab Today

French dairy giant Danone said Thursday it had bought US organic foods producer and distributor WhiteWave Foods in a deal that values the US company at $12.5 billion (11.3 billion euros).

The transaction will allow Danone to double its business in the US, the French group said in a statement, adding it expected to finalise the deal by the end of the year.

 
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