Danone

Danone Confident About 2024 Sales After Strong 2023 Performance

Danone has said it is starting this year with confidence after delivering 2023 sales growth at the top end of its forecast.

Danone Plans To Sell Russian Operations To Chechnya-Linked Businessman

Danone is planning to sell its Russian business to a Chechnya-linked businessman, the Financial Times reported today.

UK Regulator To Scrutinise Baby Formula Market

Britain’s antitrust regulator has said it would scrutinise the country’s infant formula market after prices soared 25% in the past two years.

Reusable Packaging Could Cut Emissions From Plastics By Up To 69%: Study

The widespread adoption of returning and reusing plastic packaging could help to cut greenhouse gas emissions by up to 69%, a study by the Ellen MacArthur...

Danone Raises Sales Goal As Third Quarter Beats Forecasts

Activist Investors Eye Food, Consumer Goods Firms

In early 2021, investment management firm Artisan Partners sent an open letter to an incoming member of Danone's board.

Heineken Exits Russia With One-Euro Sale Of Operations

Dutch brewer Heineken said on Friday it had completed its exit from Russia by selling its operations there to Russia's Arnest Group for a symbolic €1.