Brief: Danone Intends To Sell Its Stake In Yakult

Yakult Honsha

06/10/2020 07:39

Oct 6 (Reuters) - DANONE SA  DANO.PA :
    * DANONE INTENDS TO SELL ITS STAKE IN YAKULT
    * LAUNCHES TODAY SALE VIA AN ACCELERATED BOOKBUILDING
PROCESS OF
ITS REMAINING 6.61% STAKE IN YAKULT HONSHA CO. LTD.
    * COMPANIES RECONFIRM THEIR COMMITMENT TO THE LONG-TERM
STRATEGIC
COLLABORATION TO PROMOTE PROBIOTICS
    * EXISTING COMMERCIAL PARTNERSHIPS, INCLUDING JOINT-VENTURES
IN
INDIA AND VIETNAM REMAIN IN PLACE
    * IN 2018 DANONE DIVESTED MOST OF ITS 21.29% STAKE IN
COMPANY.

Source text for Eikon:  ID:nGNE2K7p4v 
Further company coverage:  DANO.PA 

 (Gdansk Newsroom)
 ((Gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))