The planned sale of Colorado's WhiteWave Foods Co. to European food giant Danone SA has been pushed back at least into next year.
Denver-based WhiteWave (Nasdaq: WWAV) now projects the deal, valued at $12.5 billion including debt, to be completed in the first quarter of 2017 rather than late this year as previously announced.
In a statement, WhiteWave said the merger partners are still awaiting "necessary regulatory approvals."
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