Strong growth in emerging markets helped Danone to increase like-for-like sales by 7.8% to Eur19.32 billion and improve its trading operating margin by 20 bps to 14.72% in 2011. The
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Danone has agreed to sell its 22.98% shareholding in China Huiyuan Juice Group, which is listed on the Hong Kong Stock Exchange, for about Eur200m to SAIF Partners, a Hong-Kong-based