Analysis - Danone Waters Sale Looks More Likely
By Ben Cooper | 25 October 2011
For a company which claims to have water in its 'DNA', Danone has to fend off rumours that it is ready to sell its water business with remarkable regularity. The speculation arose last week that the French company had been approached by Japanese drinks group Suntory. The rumours were fuelled further on Friday by reports in Japan that the two companies would begin negotiations next month.
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For a company which claims to have water in its 'DNA', Danone has to fend off rumours that it is ready to sell its water business with remarkable regularity. The speculation arose last week that the French company had been approached by Japanese drinks group Suntory. The rumours were fuelled further on Friday by reports in Japan that the two companies would begin negotiations next month.
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