VENTURE CAPITAL POST

Danone's CEO dismisses worries over weight loss drugs and sees potential for healthier food demand, with analysts suggesting Danone and Nestle as favorable investments.

The German medical group Fresenius (FMEG.DE) and the Permira investment fund PERM.UL have made an offer for the medical nutrition arm of Danone (DANO.PA), The Wall Street Journal reported on Wednesday, citing sources close to the matter.

French foods group Danone SA said on Sunday it was not conducting a strategic review of assets and had not decided on any priority in terms of possible external growth possibilities.

French food giant Danone (DANO.PA), maker of Activia yogurt and Evian water, has decided it wants to pursue a takeover of U.S. infant formula maker Mead Johnson Nutrition Group (MJN.N), sources familiar with the matter told Reuters.

French food group Danone and Russian firm Damate had yet to agree on the size of the investments to be made for the construction of new dairy farms to direct supply Danone's dairy factories.

Danone had forwarded a claim worth EUR200 million against Fonterra for its false contamination scare of its milk products.

French food company Danone announced its acquisition of YoCrunch for an undisclosed amount.

China probes Tetra Pak for possible market dominance

Two food giants, Nestle and Danone faced China's probe on the food sector for unethical practices with price cuts on infant milk formula.

Bids, mergers, acquisitions and disposals involving European, U.S., Canadian and Asian companies.