36 Square Capital extends position into Danone (Euronext : BN)

Luxembourg, December 8th 2020 - 36 Square Capital has decided to extend its current stake into Danone Group leveraging the currently favourable purchase price below 52 EUR. We believe in a fair intrinsic value of Danone above the window of 60-70 EUR with a robust cash flow & dividend payout ratio providing passive revenue streams to 36 Square Capital.

Danone is a leading global food & beverage company built on four businesses: Essential Dairy and Plant-Based Products, Waters, Early Life Nutrition and Medical Nutrition