Danone makes formal bid for Numico

French food group Danone has made a definite offer of €55 per share for Dutch special foods group Numico.

In July, Numico management said it would support the takeover and the supervisory board has since given a positive reaction. Danone will confirm the €12.3bn deal if a minimum of 66% shares are tendered. Danone already owns nearly 30% of Numico.

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