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Danone announces sale of Stonyfield to Lactalis for $875 million

Danone has entered into a binding agreement with Lactalis to sell Stonyfield, one of its U.S. dairy subsidiaries, for a purchase price of $875 million, representing 20 times its EBITDA in 2016. Stonyfield generated approximately $370 million in turnover in 2016. The divestiture is part of the agreement reached on March 31st, 2017 with the […]

Posted on 2017-07-062017-10-04 Author Alfa Editores Comment(0)

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