BN Danone S.A.

57.76EUR-2.30%Mkt Cap: 40.44B $P/E: 19.13

Danone S.A. operates in the food and beverage industry in Europe, Ukraine, North America, China, North Asia, the Oceania, Latin America, rest of Asia, Africa, Turkey, the Middle East, and the Commonwealth of Independent …

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Danone to invest in “benchmark” Volvic site

The project will fund a “more efficient” bottling line, as well as decarbonisation measures.

Just Drinks
Huel falls foul of UK ad watchdog over health claims

The meal-replacement brand, acquired by Danone in March, has been reprimanded by the UK's Advertising Standards Authority for its ads in the past.

Just Food
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German retailer Metro loses control of Russian business after Putin decree

Russian President Vladimir Putin has ordered that the assets of German retailer Metro AG be placed under temporary administration. The move comes amid escalating tensions between Germany and Russia over the Ukraine war.View on euronews

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The Big Question: Can a viral sensation become a global brand?

‘We don't see anyone as competitors’: Meet the viral brand who count Ashton Kutcher and PepsiCo among their investorsView on euronews

Euronews
Kremlin orders businesses seized

The Kremlin has ordered the Russian businesses of Swiss-based food and beverage company Nestle and French retailer Auchan placed in temporary administration, procedure that previously has led to the forced sale of Western businesses to Russian owners at knockdown prices. The local assets of the two multinationals were put under what the Kremlin says is temporary control by another company under an order issued late Thursday by Russian President Vladimir Putin. A 2023 law allows the Kremlin to place businesses from “unfriendly countries” under temporary administration.

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Russia Seizes Control of Nestlé’s Local Operations

Russia also placed the local businesses of French retailers Auchan and Leroy Merlin under temporary external administration, according to a presidential decree.

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Kremlin seizes Nestlé’s Russian assets in new crackdown

Nestlé said it is assessing its options after Vladimir Putin ordered the seizure of its Russian business.

The Telegraph
Kremlin seizes Nestlé’s Russian assets in new crackdown

Nestlé said it is assessing its options after Vladimir Putin ordered the seizure of its Russian business.

The Telegraph
Nestle Weighs Options for Russia Unit After Moscow Seizes Control

Russia also placed the local businesses of French retailers Auchan and Leroy Merlin under temporary external administration, according to a presidential decree.

The Wall Street Journal
Danone (ENXTPA:BN) Stock Could Be Undervalued Despite Its 27% Three Year Gain

Danone shares have pulled back over the past year despite a solid 3 year gain, which puts a fresh spotlight on whether the current price lines up with the cash the business is expected to generate. With the group also reshaping its portfolio through acquisitions, the question now is how well the share price reflects those future cash flows. Over the past 3 years, Danone has delivered a total return of 26.9%. This makes the current reset in the share price an important test of what investors...

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Danone, Carlsberg to report on “healthy” sales in UK

The companies set out the plan in a letter to the UK government, agreeing to “voluntarily” disclose the data from next year.

Just Drinks
Danone, Intersnack to report on “healthy food” sales in UK

The companies set out the plan in a letter to the UK government, agreeing to “voluntarily” disclose the data from next year.

Just Food