Get all your news in one place.
100’s of premium titles.
One app.
Start reading
France 24
France 24
Business

Danone ousts CEO after pressure from activist investor groups

Business Daily 15032021 © France24

Emmanuel Faber has been ousted from his positions as Danone's CEO and chairman of the board under pressure from Bluebell Capital and Artisan amid a falling share price and weak sales at the French yogurt and water giant. In other news, China's economy surges back in the first two months of 2021, and French beverage makers try bulk sales to consumers to make up losses from bar and restaurant closures.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.