Danone looks to acquire Brookside’s Tanzanian subsidiary
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…