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BRIEF-Danone gets court approval to complete WhiteWave acquisition
April 6, 2017 / 5:40 AM / 6 months ago

BRIEF-Danone gets court approval to complete WhiteWave acquisition

April 6 (Reuters) - Danone:

* U.S. District Court for the District of Columbia issued an order on April 5 which will allow for the completion of the company’s acquisition of WhiteWave

* Danone and WhiteWave expect the transaction to close within 5 business days as from the date of the court’s order of April 5

* Danone had earlier won U.S. antitrust approval for its $10.4 billion WhiteWave takeover

* In July 2016, France’s Danone first announced its WhiteWave acquisition, in a deal which Danone said would double the size of its U.S. business. The deal also marked Danone’s largest acquisition since 2007.

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