Danone (DANOY.PK) is in early talks to sell its bottled-water business to Japanese suitors,...

|About: Danone ADR (DANOY)|By:, SA News Editor

Danone (DANOY.PK) is in early talks to sell its bottled-water business to Japanese suitors, sources say, a move that could bring in as much as $7B and free Danone of its slowest-growing business. Possible buyers include Kirin Holdings (KNBWY.PK), Suntory Holdings, and Asahi Breweries.