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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.


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