>> It could be Kraft or it might be Coke. Either way, reports that Dannon is a takeover target pushed its shares up 1.9% in early trade. The New York Post cited a stock market tipster saying someone is going to buy Dannon, and that the French government would allow it.
A spokeswoman for Dannon, the world's largest yogurt maker, said the company had no comment to make on the report. Dannon's often mentioned as a bid target, given the amount of consolidation within its sector. But France has traditionally sought to prevent its leading companies from being taken over by foreign rivals.
In 2005 it supported Dannon in the face of a rumored bid from Pepsi. And Dannon has, itself, been on the takeover trail, buying US organic food producer, WhiteWave, earlier this year