France's DANONE is vying with British hedge fund FPP BALKAN for a 72% stake in the leading Serb mineral water concern, KNJAZ MILOS. Other bids may be submitted before the 29 October cut-off date. The government is selling off its 41.28% stake, and has set a minimum price of 20,000 dinars a share, valuing the company at EUR 120 million.