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Else Nutrition Holdings Inc

05:29 AM EST - Else Nutrition Holdings Inc : Announces it has agreed to a multi-staged collaboration with Danone S.A., a worldwide leading company specializing in fresh dairy products, plant-based, water and specialized nutrition. Else and Danone signed a letter of intent on November 13, 2023 providing for a multi-stage collaboration subject to the finalization of certain commercial terms. The LOI was entered into following Danone having completed extensive due diligence. Else and Danone will enter into a License Agreement whereby Else's products, which are plant based, soy-free and supported by clinical evidence, shall be included in Danone's specialized nutrition portfolio and manufactured, marketed and commercialized by Danone. Else Nutrition Holdings Inc shares T.BABY are trading unchanged at $0.71.

Full Press Release: https://www.baystreet.ca/quotedata/quote.aspx?ticker=BABY%3ACA&qmodStoryID=5551376381564736