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  "documentTitle": "Danone (BN.PA)",
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      "text": "While some peers are moving to nutritionally-focused portfolios, Danone is already there...",
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      "text": "Large-cap food companies covet health & wellness businesses; Nestle acquisition of Pfizer Infant Nutrition for 19.8x EBITDA; October 2012 Whitewave IPO trading ~24x 2013 EPS; Developed market grocers north of ~30x forward EPS",
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