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Danone Receives Regulatory Approval To Write Down Russia Assets

Danone has said that the regulatory approvals required for the disposal of its business in Russia to Vamin R LLC have been obtained.

Danone obtains clearance to sell Russian assets

Danone obtains clearance to sell Russian assets
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CAC40: down slightly, calm session ahead -March 25, 2024 at 06:07 am EDT

The Paris stock market is down nearly 0.3% this morning, around 8130 points, penalized by declines in LVMH and Legrand .The market environment looks relatively calm, with investors still digesting.

Danone secures Russia s approval for sale of assets

Danone has moved a step closer to the disposal of its dairy business in Russia after gaining "regulatory approvals" for a deal for the assets.

CAC40: stock markets on course for 22nd week of gains? -March 25, 2024 at 11:31 am EDT

The Paris stock market is holding firm, and Wall Street s resilience has enabled the CAC40 to climb from -0.6% this morning to +0.1% , with the Euro-Stoxx50 climbing from -0.3% to +0.3% to close in.

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