date:Mar 10, 2014
s big ambitions in China. Long-term it may seek to raise its stake in Mengniu to 40-45 percent. This would need much more funding but be a big growth booster and pull the rug under rivals, said one analyst, who asked to remain anonymous.
Africa is another region Danone has earmarked for growth and where analysts expect acquisitions in the coming months in both dairy and baby food.
Danone is said to be looking at a stake in East Africa's top producer, Brookside Dairy, according to a media repor