• Kyodo

  • SHARE

French food giant Danone is not planning to launch a hostile takeover bid for Yakult Honsha Co., although it wants to increase its already sizeable stake in the lactic drink maker, a top Danone executive said.

John Davison, president of Danone’s dairy products division, told a news conference Thursday in Tatebayashi, Gunma Prefecture, that a hostile takeover is not how the conglomerate operates.

Unable to view this article?

This could be due to a conflict with your ad-blocking or security software.

Please add japantimes.co.jp and piano.io to your list of allowed sites.

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.

We humbly apologize for the inconvenience.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW