(Reuters) - Danone declined to comment on the reason for its stock suspension. It said a meeting with the group's trade union representatives would begin at 0730 GMT.
The sale of the Danone biscuits, including the Prince and Tuc brands, would give Kraft a stronger foothold in Europe and could provide Danone with cash to launch a takeover -- even though analysts have pointed out that Danone's healthy balance sheet does not require it to sell assets to expand.
Read more at Reuters.com Mergers News
The sale of the Danone biscuits, including the Prince and Tuc brands, would give Kraft a stronger foothold in Europe and could provide Danone with cash to launch a takeover -- even though analysts have pointed out that Danone's healthy balance sheet does not require it to sell assets to expand.
Read more at Reuters.com Mergers News
No comments:
Post a Comment