Posts tagged: Danone

Small cap corner - Pensana - Part 2

Wednesday, 22 December 2021, 11:39 am

Shares in Pensana, the London-listed rare earth minerals supplier, are up almost 10pc stoday after the company issued shares via placing at a premium to a blue chip investment house.

M&G Investment Management is paying 81p a share, or £10 million, for just over 12.3 million shares (around 5pc of the company) in Pensana. Below is a link to the company's press release:..

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Mead Johnson said to be working with Lazard following takeover interest from European food giants - part 2

Friday, 8 July 2016, 12:00 am

Unsurprisingly, I have had a few people on the blower whinging about my Mead Johnson story from March following yesterday's news about Danone agreeing a deal to buy WhiteWave for $12.5 billion.

In case you don't recall, I revealed in mid-March that Mead Johnson had begun working with the sharp suited types from Lazard following interest from Nestle and Danone...

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Post Brexit M&A from, er, Danone and Shanks

Thursday, 7 July 2016, 12:00 am

Hat tip to hacks Arash Massoudi and James Fontanella-Kahn over the Financial Times for landing the scoop overnight about Danone's $12.5 billion acquisition of health food specialist WhiteWave Foods. The deal was subsequently announced this morning.

I suspect Danone's purchase of Whitewave means any potential acquistion of baby food maker Mead Johnson by Danone is likely to be off the table for quite some time...

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