Numico

Danone bids about $17 billion for Dutch rival

Indiaretailing Bureau - July 10, 2007

French food group Danone has offered $16.7 billion (12.3 billion euros) for Dutch baby-food maker Royal Numico. The all-cash offer of 55 euros a share is expected to create what Danone claims will be the world's largest food firm.Under...

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