|
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 59.06 EUR | +0.89% |
|
+2.50% | +0.65% |
| Apr. 18 | DANONE : Jefferies keeps its Buy rating | ZD |
| Apr. 18 | Global markets live: DocMorris, Microsoft, Oracle, Micron, Netflix... |  |
PARIS (Reuters) - French food group Danone said on Friday it had signed a definitive agreement for the sale of Earthbound Farms, its U.S. organic salad business, to California-based Taylor Farms.
Financial terms of the deal were not disclosed.
The sale of Earthbound Farms, which had 2018 sales of about $400 million, is part of Danone's portfolio management and capital allocation optimization strategy, the company statement said.
Danone Chief Executive Emmanuel Faber said in February the loss-making Earthbound Farms was under "intense strategic scrutiny".
(Reporting by Dominique Vidalon; Editing by Rashmi Aich)
| 1st Jan change | Capi. | |
|---|---|---|
| +0.65% | 39.98B | |
| -4.38% | 268B | |
| -7.26% | 89.46B | |
| +0.35% | 44.86B | |
| +6.06% | 38.68B | |
| -0.85% | 37.26B | |
| -14.54% | 30.32B | |
| -7.40% | 29.36B | |
| -9.38% | 22.66B | |
| +3.17% | 22.29B |
DANONE 
