French food group Danone offered $16.8 billion for Dutch rival Numico to create 
the world’s largest health and nutrition company - indeed a tasteful venture! Danone’s allcash offer worth US$75.3 a share for Europe’s largest maker of baby food showcases twister consolidation in the sector. The decision is sudden after Danone agreed to sell its biscuits business and three weeks after talks with the Dutch maker of Milupa, Nutricia & Cow & Gate Baby Foods, began. The Chief Executive of Danone, Franck Riboud feels that the duo will be able to click a real friendly deal. For starters a fair price for a unique company with an exclusive combination, is what makes this deal look all the more lucrative!
the world’s largest health and nutrition company - indeed a tasteful venture! Danone’s allcash offer worth US$75.3 a share for Europe’s largest maker of baby food showcases twister consolidation in the sector. The decision is sudden after Danone agreed to sell its biscuits business and three weeks after talks with the Dutch maker of Milupa, Nutricia & Cow & Gate Baby Foods, began. The Chief Executive of Danone, Franck Riboud feels that the duo will be able to click a real friendly deal. For starters a fair price for a unique company with an exclusive combination, is what makes this deal look all the more lucrative!For Complete IIPM Article, Click here
Source: IIPM Editorial, 2006
An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative
Source: IIPM Editorial, 2006
An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative
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Strategic Alliance / Consulting / Intellectual Tic-up Partners Arindam chaudhuri GIDF Planman Consulting Business & Economy 4Ps Business & Marketing The Sunday Indian The Daily Indian Kkoooljobs.com
