Danone makes offer for Numico

French food group Danone has made a €55 per share offer for Dutch specialty food group Numico, the two firms announced following the close of trading on Monday.

The bid values Numico at €12.3bn. Trading in Numico shares was stopped at midday pending the announcement. At that point the shares were up 11.4% at €44.50
Danone CEO Frank Riboud said the bid ‘reflected the outstanding quality and positioning (of Numico) as one of the world’s leading firms in healthy eating’.

Thank you for donating to DutchNews.nl.

We could not provide the Dutch News service, and keep it free of charge, without the generous support of our readers. Your donations allow us to report on issues you tell us matter, and provide you with a summary of the most important Dutch news each day.

Make a donation