Monday, July 9, 2007

Danone says Numico deal ups net debt by 7 bln euros

(Reuters) - "This is a good opportunity to put more debt on our balance sheet," Danone Chief Finance Director Antoine Giscard d'Estaing said in a conference call with analysts. "...even if the net debt generated with this acquisition is 7 billion euros.."




Giscard d'Estaing also said the deal would boost Danone's revenues in the medium term.


Read more at Reuters.com Business News

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