Danone has dispelled rumours that it is seeking to increase its stake in Yakult – declaring that it has no plans to mount a “hostile bid” for the Japanese company.
Irish dairy giant Glanbia is “confident” of delivering its full year profits target, despite reporting marginal growth for the first nine months of 2012.
Elliott International has increased its Danisco shareholding to 10.01 per cent and has not yet given any indication of tender plans, despite the Friday deadline for 80 per cent of shares to be tendered in order for the deal to go through.
