Danone Appoints JP Morgan as Depositary Bank for ADR Programme

Danone, a healthy food company, has appointed JP Morgan as successor depositary bank for the company’s American Depositary Receipt (ADR) programme.

Claudine Gallagher, global head of depositary receipts at JP Morgan, said: “We are proud to have been appointed depositary bank by Danone. We look forward to building a long term relationship with the company and helping it to benefit from the strong US demand that continues to exist for international equities.”

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