Danone Quells Speculation On Bottled Water Unit Sale With Distribution Talks

French food and drink firm Groupe Danone is reportedly in talks with several Japanese brewers over the distribution of its water brands in Japan. Amid ongoing speculation that Danone is looking to offload its slowest-growing bottled water unit, the company's move to streamline its distribution network in Japan suggests that it may not yet be willing to let go of its bottled water business. Rather, Danone will be improving cost-efficiencies in an attempt to re-invigorate the segment.

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