16 June 2009 - Danone is understood to be interested in acquiring Argentine dairy company La Serenisima, owned by Mastellone Hnos.
Sources in Buenos Aires believe that the French firm is in talks to takeover La Serenisima, which has been reporting losses for three years now mainly due to government-imposed price controls.
La Sernenisma, which saw its 2008 revenues amount to ARS 2.3 billion pesos (USD 611 million), processes 4.8 million litres of milk per day.