| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Danone | EU:BN | Euronext | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.63 | -1.14% | 54.68 | 54.50 | 55.00 | 55.41 | 54.55 | 55.27 | 1,546,049 | 16:40:00 |
Danone Mulls Sale of U.S. Brands Horizon Organic, Wallaby
26/01/2023 7:19pm
Dow Jones News
Danone (EU:BN)
Historical Stock Chart
From Dec 2022 to Jun 2023
By Colin Kellaher
French food group Danone SA on Thursday said it plans to explore strategic options for its U.S. organic dairy operations, including a potential sale.
Danone said the business, which includes its Horizon Organic and Wallaby brands, accounted for roughly 3% of its global revenue last year.
Danone, which posted sales of 20.7 billion euros ($22.5 billion) for the first nine months of 2022, said the move is part of the portfolio review an asset-rotation program, dubbed "Renew Danone," that it launched in March.
Danone acquired Horizon and Wallaby when it paid more than $10 billion to buy Whitewave Foods in 2017.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
January 26, 2023 14:04 ET (19:04 GMT)
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