Since 2001, the Group had held 29.2% of this company’s capital.
This transaction represents a key step in Danone’s development in Morocco and confirms the strategic appeal of markets in North Africa for the Group.
Having raised its shareholding in Centrale Laitière above the 40% threshold, Danone is required to file a mandatory takeover bid for the company’s shares within the next few days.
Source: Danone
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