ISRAEL: Danone buys stake in Eden Springs - report
By just-drinks.com editorial team | 17 December 2003
Danone has bought into an Israeli bottled water supplier, according to press reports. The French dairy producer has acquired a 19.8% stake in Eden Springs, Israel's leading supplier.
Les Echos reported that the transaction cost Danone €82m (US$101m). The newspaper said that the group bought the shares form Eden Springs' main shareholders the Naftali brothers.
Sectors: Water
Companies: Danone
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