Danone: latest news, analysis and trading updates | ESM Magazine

Danone Writes Down Russia Assets, Reports Better-Than-Expected Sales

France's Danone said that it is deconsolidating its Essential Dairy and Plant-based (EDP) business in Russia in July, triggering a roughly €200 millio...

Nestlé, Danone Price Hikes May Put Them On France's Inflation Radar

Nestlé and Danone are among the firms whose product prices in France have risen by more than 10% this year, data has shown, potentially putting them...

Chechen Leader's Nephew Made Head Of Seized Danone Subsidiary In Russia

A nephew of Chechen leader Ramzan Kadyrov has been appointed the new head of Russia's Danone subsidiary after the Kremlin ordered the state to take tempora...

'Limited Credit Implications' From Russia's Takeover Of Carlsberg, Danone Assets

The Russian government's decree that it has taken control of assets belonging to Danone and Carlsberg in Russia is likely to have limited credit implicatio...

Danone Reviews Legal Options After Russia Seizes Local Business

French dairy group Danone is reviewing its legal options after the Russian state took control of its subsidiary in the country, a source close to the matte...

Moscow Takes Control Of Danone's Russian Subsidiary, Carlsberg's Stake In Brewer

The Russian state has taken control of French yoghurt maker Danone's Russian subsidiary along with beer company Carlsberg's stake in a local brewer, accord...

Danone, Kellogg Among 75 Companies France Has Asked For Price Cuts - Document

Danone and Kellogg are among 75 consumer goods companies that French authorities have asked to cut prices, according to a list seen by Reuters that sources...

Carrefour Cutting Prices On 500 Products In France

Food retailer Carrefour started cutting prices this week by around 10% on average on some 500 products to help French shoppers cope with high cost of livin...