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Danone To Acquire Majority Stake In US-based Kate Farms

ReutersMay 12, 2025 5:03 AM

- Danone SA DANO.PA:

  • DANONE AND KATE FARMS TO JOIN FORCES TO SERVE PEOPLE WITH HEALTH NEEDS ACROSS BOTH MEDICAL AND EVERYDAY NUTRITION

  • TO ACQUIRE MAJORITY STAKE IN KATE FARMS

  • KATE FARMS MANAGEMENT TO RETAIN MINORITY STAKE

  • TRANSACTION SUBJECT TO REGULATORY APPROVAL

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