Danone to buy 40% stake in Kenyan dairy company

Danone will purchase a 40% stake in Kenya's Brookside Dairy Limited, marking the French company's entrance into one of the largest milk markets in Africa. Danone is expanding into new markets to help offset slow growth in Europe and China. Danone currently earns 7% of its sales in Africa, where the company has invested more than $1.35 billion over the last two years.

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