November 15, 2016

Danone acquisition of WhiteWave Foods delayed

The timeline for Denver-based WhiteWave Foods, which bases its Americas Food and Beverage segment in Broomfield, to merge with French company Danone is getting stretched out.

The Camera reports that the two companies now expect Danone’s $10 billion acquisition of WhiteWave to close in the first quarter of next year, rather than by the end of this year, the timeline set when the deal was announced in July. The deal has yet to gain regulatory approvals, though the Camera notes that it is unclear what effect an organic industry watchdog’s complaint filed in August that the merger is bad for the U.S. organic milk industry might be having on the delays.

The timeline for Denver-based WhiteWave Foods, which bases its Americas Food and Beverage segment in Broomfield, to merge with French company Danone is getting stretched out.

The Camera reports that the two companies now expect Danone’s $10 billion acquisition of WhiteWave to close in the first quarter of next year, rather than by the end of this year, the timeline set when the deal was announced in July. The deal has yet to gain regulatory approvals, though the Camera notes that it is unclear what effect an organic industry watchdog’s complaint filed in August…

Related Content