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Danone/Yakult tie-up

This article was originally published in Foodnews

GROUPE Danone and Yakult Honsha Co Ltd are to extend their strategic alliance. The two companies have agreed to extend the period for which Danone maintains its 20.02% interest in Yakult (the same level as in 2004) for a further three years to 2012. Yakult's Board of Directors will also welcome two additional Danone representatives.

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