Wednesday, July 4, 2007

French PM sees no problems with Danone asset sale

(Reuters) - "French companies buy lots of companies in the United States
and there is no reason to put up the barriers if U.S. companies
do the same thing ," Fillon told BFM television when asked
about Danone's planned sale.




The French food giant announced on Tuesday it was in
exclusive talks to sell its biscuit and cereal snack unit for
5.3 billion euros to Kraft Foods Inc , the
world's biggest cookie maker.


Read more at Reuters.com Mergers News

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