Danone BN-1.24 % decrease; red down pointing triangle said it agreed to buy a majority stake in Kate Farms, a California-based producer of plant-based nutritional formulas, in a deal that seeks to ...

In a statement, Danone explained the decision was necessary as the “only way to remain competitive and successful in the long term in German-speaking countries”. Around 230 jobs will be affected. The ...

To support this initiative, Danone Thailand has provided screening tools to facilitate the testing of 3,000 children. This number is particularly noteworthy, closely aligning with the increase in ...

French dairy major Danone is collaborating with Microsoft to incorporate AI into its operating systems. As well as focusing on employee training, Danone aims to use AI as a way to increase operational ...

Bernstein analyst Bruno Monteyne maintained a Sell rating on DANONE SA (0KFX – Research Report) today and set a price target of €55.00. The company’s shares closed last Friday at €59.05 ...

In Danone’s full-year results for 2023, its specialised nutrition segment generated €8.5bn ($9.1bn), up 3.3% on 2022. The unit reported recurring operating profit of €1.77bn, down from €1 ...

Jan 2 (Reuters) - French food group Danone , opens new tab said on Tuesday it had signed an agreement to sell its premium organic dairy units in the United States to investment firm Platinum Equity.

It has historically been present in Thailand through the Dumex brand, which has happily raised generations of Thais, as well as the iconic global brand Hi-Q. At the third annual edition of HR ...

Danone’s former operations in Russia have been re-branded as H&N, it has emerged. The business, seized by the Kremlin in July, will now use the new brand – which stands for health & nutrition ...

Danone has launched a global strategic partnerships programme in hopes of cultivating stronger relationships with its global partners. The initiative, called "Partner for Growth," spans from start ...

Moscow has seized control of the Russian subsidiaries of French yogurt maker Danone and Danish brewer Carlsberg, highlighting risks facing foreign firms that continue to do business in the country.