French stock market regulator AMF has launched a investigation into the share price of French food group Danone.
Shares in Danone have rocketed 27% over the past month after it was linked with speculation that PepsiCo was preparing to launch a takeover bid.
PepsiCo yesterday said that it was not preparing a bid, causing shares in Danone to drop 10%.
Shares in Danone have rocketed 27% over the past month after it was linked with speculation that PepsiCo was preparing to launch a takeover bid.
PepsiCo yesterday said that it was not preparing a bid, causing shares in Danone to drop 10%.
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