Danone to Sell Denmark Water-and-Beverage Business Aqua d'Or
November 16 2021 - 3:19AM
Dow Jones News
By Cecilia Butini
French food company Danone SA said Tuesday that it has agreed to
sell Aqua d'Or, its water-and-beverage business in Denmark, to
local brewing-and-beverage company Royal Unibrew AS.
Danone, which didn't disclose financial details of the sale,
said the transaction is part of its strategic portfolio review and
optimization of capital allocation.
Write to Cecilia Butini at cecilia.butini@wsj.com
(END) Dow Jones Newswires
November 16, 2021 03:04 ET (08:04 GMT)
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