Danone : A third letter from Artisan: pressure on the board continues
>Artisan expresses its dissatisfaction - In a letter addressed to Danone’s board of directors (all three letters can be found on the following pages), Artisan has expressed its dissatisfaction following the announcements made on Monday evening regarding changes to governance.Artisan points out that: The senior director has no experience in consumer goods and neither does the majority of the other board members.The chairman cannot be independent after ha...Danone is engaged in activities in the global food and beverages industry. Co. operates in four markets: Fresh Dairy Products (Co. produces and sells yogurts, fermented dairy products and other fresh dairy products); Waters (Co. produces and sells natural waters as well as flavored and vitamin-enriched waters products); Early Life Nutrition (Co. produces baby formula, milk-and fruit-based desserts, cereals, small pots of baby food and ready-made baby food); and Medical Nutrition (Co. develops adult and pediatric clinical nutrition products to be taken orally, or through a catheter in the event of malnutrition related to illness or other causes).
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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