Listen Live Logo

Danone Is Selling Part Of Its 14% Stake In Yakult.

: 02/14/2018 - 11:17

Yogurt-maker Danone is selling part of its 14 percent stake in Japan's Yakult, which makes probiotic and fermented milk drinks.

It will generate around 1-point-5 billion Euro for the French company, but it keeps a 7 percent stake and remains the biggest shareholder.

Danone's been under pressure from investors to boost returns following weaker demand for its products.

 

About Us

Kfm broadcasts on 97.6fm and 97.3fm to all parts of county Kildare 24 hours a day from the state-of-the-art Kfm Broadcast Centre, Newhall, Naas, Co. Kildare and around the world on this website.

Our aim is to entertain and inform our listeners, with the best music, local news and current affairs plus top class live sports coverage.

Remember, Kfm is your local station; we’re always interested in hearing your views and suggestions about the radio station.  You can find all of our contact details on the Contact Us section of the site.

Enjoy your visit, thanks for listening and spread the word about Kildare's Kfm!