The parties were unable to reach agreement on the terms of the transaction and have therefore agreed to end the talks.
Danube Foods Group, owner of Imlek, Mlekara Subotica, Bambi Banat and Knjaz Milos, is considering the possibility of further consolidation of foods and beverage industry with Imlek as the anchor of further integration.
Royal FrieslandCampina will continue searching for opportunities to enable the company to achieve its route2020 strategy, which is designed to result in sustainable growth.
Source: FrieslandCampina
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