Shearman & Sterling and Bredin Prat have taken lead roles on French dairy and water company Danone's €3bn (£2.6bn) rights issue. The company, whose flagship products include Evian, Activia and Actimel, launched a public offering in France and Switzerland yesterday (1 June) accompanied by an international private placement in a bid to reduce its debt.
June 02, 2009 at 09:44 AM
1 minute read
The original version of this story was published on Legalweek
Shearman & Sterling and Bredin Prat have taken lead roles on French dairy and water company Danone’s €3bn (£2.6bn) rights issue.
The company, whose flagship products include Evian, Activia and Actimel, launched a public offering in France and Switzerland yesterday (1 June) accompanied by an international private placement in a bid to reduce its debt.
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