PARIS: French dairy giant Danone said on Thursday it had agreed to buy US organic foods producer WhiteWave Foods with a view to creating a world leader for organic produce.
The all-cash transaction values the US company at $12.5 billion (11.3 billion euros) and will allow Danone to double its business in the US, the French group said in a statement, adding it expected to finalize the deal by the end of the year.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.