French dairy giant Danone nears deal to buy WhiteWave Foods for about $10b

French dairy giant Danone nears deal to buy WhiteWave Foods for about $10b

Yoghurt by French foods group Danone are seen on shelves at a Carrefour hypermarket in Nice, France, April 6, 2016. REUTERS/Eric Gaillard

France’s Danone SA, the world’s largest yogurt maker, is in advanced talks to acquire U.S. organic foods producer WhiteWave Foods Co in a bid to revitalize its growth prospects, a person familiar with the matter said on Wednesday.

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