news in brief
Danone to sell stake in Yakult
![Danone began its collaboration with Yakult in 2004.](/var/wrbm_gb_food_pharma/storage/images/_aliases/wrbm_large/publications/food-beverage-nutrition/dairyreporter.com/news/manufacturers/danone-to-sell-stake-in-yakult/11825877-1-eng-GB/Danone-to-sell-stake-in-Yakult.jpg)
In spite of the sale, Danone said the companies have reconfirmed the commitment to their long-term strategic collaboration to promote probiotics. Existing commercial partnerships, including joint-ventures in India and Vietnam remain in place.
Danone’s collaboration with Yakult began in 2004.
In 2018, Danone divested most of its 21.29% stake in the company.