anone to sell Stonyfield to Lactalis for $875 million
The sale of Stonyfield is part of an agreement reached with the U.S. Department of Justice in connection with Danone’s recent acquisition of WhiteWave. Danone and WhiteWave together have big chunks of the yogurt market with brands including Dannon, Oikos, Actimel, Silk, Wallaby and Horizon Organic, which led to concerns from the Justice Department about concentration in the dairy sector. [node:read-more:link]