Danone is buying WhiteWave for $10 billion
In a deal announced today Danone is buying WhiteWave for a reported $10.1 bn. According to Danone, this would increase its percentage of sales in North America to 22% of its portfolio from 12%.
I think it's important to consider Mondalez's bid to buy Hershey's as well.
How do you think this deal will impact M&A going forward in the consumer sector? Who will be targeted for the next possible takeover in this sector?
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