date:Nov 09, 2012
US investment firm Trian Fund Management, which is headed by activist investor Nelson Peltz, has acquired 1% stake in Danone - the French dairy company which is estimated to have a market capitalization of approximately $37bn.
Trian Fund Management will seek to improve Danone's margins, especially in the bottled water business, but will not pursue management shakeup, sale or breakup, reported the Wall Street Journal quoting a person familiar with the matter.
Trian Fund Management said that Dan