Danone Agrees To Buy Denver’s WhiteWave

PARIS (AP) — Yogurt giant Danone says it reached a $10 billion deal to buy American organic food maker WhiteWave, expanding the French company’s foothold in health foods and the U.S. market.
Paris-based Danone said in a statement Thursday that it is paying $56.25 per share in the deal, 24 percent above WhiteWave’s average stock value over the past month. Including debt and other liabilities, the value of the deal reaches $12.5 billion.
Danone hopes to finalize the deal by the e