Can Anglo-Saxon activist investors whip Danone into shape? thumbnail

Can Anglo-Saxon activist investors whip Danone into shape?

Anglo-Saxon shareholders appear to have the backing of the yogurt-maker’s French patriarchEMMANUEL FABER used to be seen as the spiritual son of Franck Riboud, honorary chairman and former boss of Danone, whose father Antoine co-founded the French yogurt-maker. Mr Riboud handpicked Mr Faber as his successor and loyally backed his transformation of Danone into France’s…