date:Mar 10, 2014
hare buyback plan might also make sense.
But Kepler Capital analyst Jon Cox was not so sure.
It's more likely they are going to reinvest in their own business in infant nutrition and dairy rather than giving it back to shareholders, he said.
They will also use the funds to strengthen the balance sheet and for small bolt-on acquisitions, he added.
Danone's net debt jumped 27 percent to nearly 8 billion euros at the end of 2013 due to acquisitions and the buyout of some minority interests in D