Press release - April 6 th , 2017
Danone Receives Court Approval to Complete WhiteWave Acquisition
Transaction Expected to Close within 5 Business Days
Paris, France - April 6 th , 2017 - Danone is pleased to announce that the U.S. District Court for the District of Columbia issued an order on April 5 th 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 th , 2017.
About Danone ( www.danone.com ) Dedicated to bringing health through food to as many people as possible, Danone is a leading global food company built on four business lines: Fresh Dairy Products, Early Life Nutrition, Waters and Medical Nutrition. Through its mission and dual commitment to business success and social progress, the company aims to build a healthier future, thanks to better health, better lives and a better world, for all its stakeholders-its 100,000 employees, consumers, customers, suppliers, shareholders and all the communities with which it engages. Present in over 130 markets, Danone generated sales of approximately €22 billion in 2016. Danone's brand portfolio includes both international brands (Activia, Actimel, Danette, Danonino, Danio, evian, Volvic, Nutrilon/Aptamil, Nutricia) and local brands (Oikos, Prostokvashino, Aqua, Bonafont, Mizone, Blédina, Cow & Gate). Listed on Euronext Paris and on the OTCQX market via an ADR (American Depositary Receipt) program, Danone is a component stock of leading social responsibility indexes including the Dow Jones Sustainability Indexes, Vigeo, the Ethibel Sustainability Index, MSCI Global Sustainability, MSCI Global SRI Indexes and the FTSE4Good Index.
| Media Relations | U.S. media: Joele Frank, Wilkinson Brimmer Katcher | Danone Investor Relations |
| Karen Couck - Global Director External Communications | Matthew Gross - Director | finance@danone.com +33 1 44 35 20 76 |
| Thomas Antoine - Corporate PR Senior Manager | mgross@joelefrank.com +1-212-355-4449 | |
| press.relations@danone.com +33 1 44 35 20 75 |
Forward-Looking Statements This press release contains certain forward-looking statements, including within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify these forward-looking statements by forward-looking words, such as "estimate," "expect," "anticipate," "project," "plan," "intend," "believe," "forecast," "foresee," "likely," "may," "should," "goal," "seek," "target," "might," "will," "could," "predict," and "continue," the negative or plural of these words and other comparable terminology. Forward looking statements in this press release include, but are not limited to, statements regarding the expected timing of the completion of the pending transaction, Danone's operation of WhiteWave's business following completion of the pending transaction, the expected benefits of the pending transaction, and the future operation, direction and success of WhiteWave's businesses. These forward-looking statements are subject to numerous risks and uncertainties, which could cause actual results to differ materially from those anticipated in these forward-looking statements. These risks and uncertainties include, but are not limited to, uncertainties as to the timing of the closing of the pending transaction; the possibility that the closing conditions to the pending transaction may not be satisfied or waived; uncertainties as to the timing or ability to achieve the expected benefits of the transaction; and other risks and uncertainties described in the section "Risk Factors" in Danone's Registration Document (the current version of which is available on www.danone.com) and in WhiteWave's recent annual report on Form 10-K available on www.whitewave.com. Subject to regulatory requirements, Danone does not undertake to publicly update or revise any of these forward-looking statements. This document does not constitute an offer to sell, or a solicitation of an offer to buy WhiteWave or Danone shares.
Attachments:
