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Europe Daily Bulletin No. 9461

5 July 2007
Contents Publication in full By article 33 / 40
ECONOMIC INTERPENETRATION / (eu) agri-foods

The French company, DANONE (turnover of €14bn in 2006, with a workforce of 88,000 employees) has sold off its biscuit business wing (“Lu” brand) to the US company, KRAFT FOODS (turnover of €25.7bn in 2006, with a workforce of 90,000) for €5.3bn. Danone biscuits' annual turnover is €2bn and it has a workforce of 15,000.

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION
SUPPLEMENT