(Reuters) - Kraft's widely rumored bid for Danone's cookie unit, which includes the LU, Prince and Tuc brands, will give the U.S. food giant a stronger foothold in Europe and in emerging markets and allows Danone to boost further the healthy range of its fast-growing fresh dairy and drinks business.
The offer is higher than the 3.5 billion to 4 billion euros given in several media reports and is more than double the 2.2 billion euros in sales the division made last year.
Read more at Reuters.com Business News
The offer is higher than the 3.5 billion to 4 billion euros given in several media reports and is more than double the 2.2 billion euros in sales the division made last year.
Read more at Reuters.com Business News
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