Monday, July 9, 2007

Danone, Numico to merge in $17 bln deal

(Reuters) - Shares in Numico had risen almost 11 percent to a six-year high before they were suspended earlier on Monday, after traders cited market talk of Danone's interest.




Danone's offer is 44 percent above Numico's average closing price over the past three months, the companies said.


Read more at Reuters.com Business News

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