Capital, Earnings & M&A
Danone's 'Water Business' Hits a Snag: Yili Bottled Water Discontinued, Mizone to Reformulate
Facing rapid changes in China's beverage and drinking water markets, French food giant Danone is making significant product adjustments. In 2019, Danone will stop selling its Yili bottled water brand, and its vitamin drink Mizone will undergo a formula change to address slowing growth in China in 2018.
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