The WhiteWave Foods Company (NYSE:WWAV) Files An 8-K Other Events

0

The WhiteWave Foods Company (NYSE:WWAV) Files An 8-K Other Events
Item 8.01 Other Events.

As previously announced, The WhiteWave Foods Company (the “Company”) entered into an Agreement and Plan of Merger, dated as of July 6, 2016 (the “Merger Agreement”), by and among the Company, Danone S.A. (“Danone”) and July Merger Sub Inc. (“Merger Sub”), to which, among other things, it is proposed that Danone will acquire the Company for $56.25 per share in an all-cash transaction in which the Company will merge with Merger Sub (the “Merger”).

In accordance with the Merger Agreement, each of the Company and Danone has elected to extend the Long Stop Date under the Merger Agreement by 90 days to facilitate the completion of review of the transaction by the United States Department of Justice under the Hart-Scott-Rodino Antitrust Improvements Act.

On December 16, 2016, the parties obtained regulatory clearance of the Merger from the European Commission.

The Company continues to expect closing to occur in first quarter 2017, though there can be no assurance regarding timing of completion of regulatory processes.

FORWARD-LOOKING STATEMENTS

This document contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify these forward-looking statements by forward-looking words, such as “estimate,” “expect,” “anticipate,” “project,” “plan,” “intend,” “believe,” “forecast,” “foresee,” “likely,” “may,” “should,” “goal,” “target,” “might,” “will,” “could,” “predict,” and “continue,” the negative or plural of these words and other comparable terminology. Forward looking statements in this document include, but are not limited to, statements regarding the expected timing of the completion of the transaction. These forward-looking statements are subject to numerous risks and uncertainties, which could cause actual results to differ materially from those anticipated in these forward-looking statements. These risks and uncertainties include, but are not limited to, uncertainties as to the timing of the contemplated merger; the possibility that the closing conditions to the contemplated merger may not be satisfied or waived; the effects of disruption caused by the announcement of the contemplated merger; the risk of stockholder litigation in connection with the contemplated transaction, and other risks and uncertainties described in the section “Risk Factors” in WhiteWave’s recent annual report on Form 10-K available on www.whitewave.com.


About The WhiteWave Foods Company (NYSE:WWAV)

The WhiteWave Foods Company is a consumer packaged food and beverage company. The Company manufactures, markets, distributes and sells branded plant-based foods and beverages, coffee creamers and beverages, dairy products and organic produce. Its segments include Americas Foods & Beverages, Americas Fresh Foods and Europe Foods & Beverages. Its Americas Foods & Beverages segment includes plant-based foods and beverages, including its Silk and So Delicious branded beverages, such as soymilk, almondmilk, coconutmilk and cashewmilk, ice cream and frozen products, and plant-based yogurts, and Vega plant-based products. Its Americas Fresh Foods segment includes organic salads, fruits and vegetables, such as packaged salad greens, fresh and frozen fruits and vegetables. Its Europe Foods & Beverages segment includes plant-based foods and beverages, such as Alpro and Provamel brand beverages, and plant-based alternatives to yogurt, culinary creams, desserts and margarine.

The WhiteWave Foods Company (NYSE:WWAV) Recent Trading Information

The WhiteWave Foods Company (NYSE:WWAV) closed its last trading session down -0.05 at 55.39 with 1,457,993 shares trading hands.