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Wednesday, Jul 1, 2026

Kraft Bids $7.2 Billion for Danone Unit

Kraft Foods Inc. announced Tuesday that it offered $7.2 billion in cash to acquire the cookie and cereal division of French food company Groupe Danone SA in a deal that would give America’s biggest food and beverage company an even larger foothold around the globe.

*For more on this story,

read the full Associated Press article.

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