Danone (BN) To Acquire WhiteWave Foods (WWAV) For Over $12 Billion
July 7, 2016
Danone SA, the French dairy giant whose yogurt brands are a common sight on supermarket shelves around the world, announced Thursday it is acquiring WhiteWave Foods Co., the Denver, Colorado, producer of organic foods and plant-based milks. The all-cash deal values the U.S. company at $56.25 per share, for a total enterprise value of about $12.5 billion.