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Danone Gains on Lactalis Takeover Speculation, Evian Rebound
- French newsletter says Lactalis may be planning bid for assets
- Bottled water revenue surges 16% as people eat out more again
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Danone SA shares had their steepest intraday gain in 17 years following a French financial newsletter report that rival Lactalis may be interested in buying its businesses and after the producer of Evian reported a surge in bottled water revenue.