Danone Group definition
Examples of Danone Group in a sentence
In respect of certain potentially hazardous operations, the Danone Group agrees to carry out measures to prevent, eliminate or manage risk.
Danone Group is a multi-national corporation and a global leader in food products, including fresh dairy products and other health and nutrition food products.
He is also currently vice-chairman and director of the Danone Group.
LISTING RULES IMPLICATIONS As of the date of this announcement, Danone Asia has a 25.0% shareholding interest in the Company and each of Danone Asia and the Purchaser is a member of the Danone Group.
Danone Nutrition, Danone APAC and Danone Shanghai are investment holding companies which form part of the Danone Group.
THE TRANSITION SERVICES AGREEMENTS On 27 May 2016 (after trading hours), Dumex China entered into the Transition Services Agreements with members of the Danone Group, pursuant to which the relevant members of the Danone Group agreed to provide certain transitional services to Dumex China in respect of IT support, lab sharing, accounting service, procurement support and office sharing during the terms of the Transition Services Agreements.
Upon completion of the 25% Yashili Acquisition and assuming that there are no changes to the issued shares of Yashili and there is no exercise of the Mengniu International Exchange Right prior to completion of the 25% Yashili Acquisition, Yashili will be held as to approximately and effectively [76.01]% by Mengniu, and the Danone Group will cease to hold any Yashili Shares.
Director and CEO of Evian (Danone Group) from February 1994 to February 1997.
Pursuant to the Chilled Business HoldCo JV Contract and the Individual Chilled Business JV Contracts, if the equity interests held by the Danone Group in Mengniu directly or indirectly fall below 4% of Mengniu’s total issued share capital, Mengniu shall have a right to terminate the Chilled Business HoldCo JV Contract and the Individual Chilled Business JV Contracts and acquire the Chilled Business Sale Shares, as announced in Mengniu’s announcement dated August 11, 2013.
In light of the unwinding of the Existing Mengniu-Danone Relationships and the Danone Group ceasing to have any interest in Yashili following completion of the 25% Yashili Acquisition, the parties to the Dumex China SPA agree that Danone Group will acquire Dumex China on the terms and subject to the conditions set out in the Dumex China SPA.