French group Danone in talks to sell biscuit unit to rival

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Home : AFP News : French group Danone in talks to sell biscuit unit to rival Email to a friend \| Print version \| French group Danone in talks to sell biscuit unit to rival By AFP - Wire stories on July 03,2007 Related news » France's Total sees first quarter profit down 11 percent by AFP - Wire stories posted on May 04,2007 » More Obscene Oil Profits - AFP by AFP - Wire stories posted on Feb 14,2007 » Chinese drinks giant brands Danone by AFP - Wire stories posted on Jun 06,2007 » Blackstone to buy Hilton Hotels for 26 billion dollars by AFP - Wire stories posted on Jul 04,2007 » German broadcaster to buy rival for 3.3 bln euros by AFP - Wire stories posted on Jun 27,2007 PARIS (AFP) - French group Danone, whose LU cookies have accompanied the snacks of generations of French children, said Tuesday it was in exclusive talks with US rival Kraft Foods about the sale of its biscuit unit for 5.3 billion euros (7.2 billion dollars). [visit website] 137 times read
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