France’s Danone to sell Stonyfield to Lactalis for $875 million

Jul 3, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

PARIS (Reuters) – French food group Danone has agreed to sell its U.S dairy business Stonyfield to Lactalis for $875 million, as part of Danone’s commitments with U.S. authorities following its takeover of organic food group Whitewave.