NEW ZEALAND: Frucor chief to stay with company
Frucor Beverages managing director, Mark Cowsill, has said he intends to stay with the company following its acquisition by Danone. However, Cowsill added that he had not yet spoken with Danone since the French conglomerate's offer went unconditional on Friday. Danone has already informed Frucor's 500-plus staff that it intends to expand the company's operations in Southeast Asia and the Pacific.