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Artisan Partners goes against Danone
The fund is a minority shareholder with approximately 3% of the shares
The investment firm Artisan Partners has requested that changes in governance and strategy be made in Danone through a letter addressed to one of the board members of the French food company, Gilles Schnepp. "Unfortunately, Danone's financial performance is not consistent with the quality of its assets", said the US fund, adding that "on almost every metric, Danone's performance has lagged behind"....
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EFA News - European Food Agency
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EFA News - European Food Agency