Danone looks to acquire Brookside’s Tanzanian subsidiary

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Danone is looking to acquire Brookside Dairy’s Tanzanian subsidiary. The French food group advised Tanzania’s Fair Competition Commission of its plans which come three years after the company first acquired a 40% stake in parent company Brookside Dairy in 2014. Emerging markets private equity investment firm The Abraaj Group holds a 10% stake in Brookside which it first backed in 2009.

Read more at Ecofin Agency…

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