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French food company Danone agrees to acquire American company WhiteWave Foods for $10 billion. Danone's largest acquisition in a decade, this deal expands its presence in the organic-food market and more than doubles its North American revenue. The purchase includes renowned brands like Horizon Organic milk, Wallaby Organic yogurt, and Earthbound Farm packaged salad, aligning with Danone's goal to strengthen its product portfolio with high-quality organic offerings.
Wednesday, 6 July, 2016