Browsing Tag

Danone

Danone Shares Rally As CEO/Chairman Leaves

Faber Out Shares in Danone surged higher at the end of last week as investors and the broader market responded to news that the CEO, Emmanuel Faber, finally conceded to pressure and vacated his position as chairman and CEO. The move…

Danone Rallies on Sale News

Selling Stake in Chinese Dairy Firm Shares in French food group Danone are trading higher ahead of the market open as traders digest news that the company has initiated proceedings to sell its stake in Chinese dairy firm Mengniu Dairy…