in your white wave acquisition, which was a huge acquisition for danone however, in north america, it was seen as negative when will you start seeing synergies from this acquisition? >> the year of 2017 has been, indeed, a very important one for us, paving the way for danone to lead the food revolution that's sweeping the whole country in which we sdecide we are going to be part of the group that is embracing the revolution as an opportunity and going to become the biggest organic food business in the world to be the largest plant-based alternative business in the world, one of the biggest in north america we went into this ahead of time where overall the food segment, the food category in the u.s. was going into negative territories about 18 months ago. we have seen that gradually going back we have kept most of our categories in the u.s. overdelivering versus the average food segment by one, two, three, four points additional growth, which is good sign to your question about synergies, this is one thing where we are pleased the integration was delayed by the longer closing process t

and already at that time there were rumors that danone was a takeover target.yes, i think that's the case. you know, it's a free market and that is how financial markets can work my concern is not that my concern is to make sure that, again, this company has a compass, knows where it is going and delivers. >> those comments, of course, continuing to build the belief that if there were a potential bidder for danone, the french government wouldn't stand in its way, nor would mr. faber then we can talk dean foods, too, jim >> interesting about dean foods this morning, obviously it is a disappointing commodity milk market but danone bought white wave in 2017 white wave is the exact opposite i bought their almond milk yesterday. white wave is exactly what kraft heinz needs. and yogurt is still a good category i did not know that when i was away a deal must be done in order to get out of the center of the store. and anything that can get them out of the center of the store can reignite kraft heinz they have an entire group of brands, you don't need me to tell you tha

been a letter written by the israelis the united nations the investor to the united nations danny danon has called for the security council to condemn iran's actions and they're also looking to the united nations for a strong condemnation of the russian role when it comes to iran also so those are the political kind of things that we're expecting to see in the next coming days and weeks but there's also a security cabinet meeting taking place that will be likely to look at what sort of military strategy is going to take place now in the last hour as we've been speaking to the israeli army vos them what targets were hit in syria and whether the operation is uncombed ongoing and they've now declined to comment on all of that but we are hearing from senior military former military officials that this is the largest operation against syrian air defenses unit since the war in lebanon in one thousand nine hundred eighty two so severely significant operation and development is going on but the israeli military aren't confirming anything which is interesting because when the operation began the

we're seeing continued slow growth, even though china is showing better growth for others, such as danone the u.s. is a drag they had to give back some pricing in brazil as well due to lower milk prices. >> if you look at the sector as a whole against european equities more broadly, they're trading at a significant premium. do you think that will continue? >> we've seen a consistent 30% to 40% premium over the last five years from the beginning of this year we've held the view that valuation both in absolute context as well as relative to the european market would remain constrained. as the ten-year continues to push higher, we think there's no change in that view. we think if anything valuation could come unfurther pressure. >> we'll leave it there. thank you very much for joining us this morning. >>> coming up, the likely new head of germany's center left party promises to take a stronger stance against angela merkel's conservatives what could this mean for germany's plans for a coalition government more on that after this break. (daniel jacob) for every hour that you're idling in your

in europe, unilever produces the highest average return, then ben & jerry's ice cream, danone and l'oreal. across the pond, visa tops the bill, followed by coca-cola, apple and mcdonald's dawn is serving up dinner for a whole town! that table was like... so big! can one bottle of new dawn clean all the dishes? we did it! 6,000 dishes! a drop of dawn and grease is gone. >>> welcome back to "street signs. sky shares have risen after the broadcaster announced it will pay 3.6 billion pounds for three seasons of premiere league matches from 2019. bt secured a smaller package analysts said sky received better value for money than bt for the deal providing a boost to sky's value as fox eyes buying out the part of the broadcaster it doesn't already own. >>> u.s. snow border shaun white made history in pyeongchang as he took the gold in the halfpipe finals it's his third ever olympic gold and the 100th gold the united states has won in winter olympic history. five w high winds have continued to cause havoc on the slopes. the latest event to fall victim is the woman's slalom event, which is being p

. >>> in other corporate news, danone is suing a former high-level sales executive for allegedly stealingonfidential company strategy and salary data before leaving for rival chiboni. according to the complaint the employee forward business details and downloaded thousands of company files and took a sim card out of his company's cell phone in the months before his rez zig naisignatio resignation. the case is being heard in a federal district court >>> still ahead on "worldwide exchange," the top stories and a run down of the global market picture. >>> and heading for an m&a showdown things are heating up between broadcom and qualcomm. >>> and later don't miss david foe v va he will be on "squawk box" at 7:00 a.m your brain is an amazing thing. but as you get older, it naturally begins to change, causing a lack of sharpness, or even trouble with recall. thankfully, the breakthrough in prevagen helps your brain and actually improves memory. the secret is an ingredient originally discovered... in jellyfish. in clinical trials, prevagen has been shown to improve short-term memory. prevagen.

thank you ambassador amb danny danon. >> thank you. >> is a prepares to open up debate on immigrationthe white house closed an offer to maintain illegal immigration at the current a million people per year rather than cutting it. we will discuss that. also the domestic abuse allegations with the white house as there is a second end forced to step down after rob porter. at first, this is the counselor to the president, kellyanne conway. >> i think the president, with the rest of us were shocked and disturbed by the allegations. it is not the rob porter any of us have worked with. oh, manatees. aka "the sea cow"" oh! there's one. manatees in novelty ts? surprising. what's "come at me bro?" it's something you say to a friend. what's not surprising? how much money matt saved by switching to geico. fifteen minutes could save you fifteen percent or more. >> the topic dominated the sunday morning shows. the white house aide rob porter amid allegations of domestic violence topped up a picture of one of his ex-wives with a black eye. he is a resident political store and has been serving as pre

danone will sell about ¥195 billion worth of shares in yak ult.s get a market check. >> the key economic data from asia to watch is the u.s. inflation report. we see that markets in asia are mixed. investors are struggling to work out whether the rout has run its course or is causing -- pausing for a bit of breath. gdp rose in the fourth quarter, but still fell short of estimates. marketsthe auction in the dollar-yen, we are seeing bubbles that we have not seen since the u.s. election in -- ing levelss -- see that we have not seen since the u.s. election in november of . let's look into the cpi data. given the current climate in the market, it will be closely watched and dissected to understand what is happening. while investors are acting like faster inflation may indeed be coming, current forecasts are not pointing to it this month. analysts predict that cpi will be up. it is a modest decline, and you can see that here in the blue chart. anna: reminding us of course that it is valentine's day. thank you very much. thyssenkrupp 's profits rose. j

nestle and the nestle effect is rippling across the sector to stocks like danone.ws update with sebastian salek. sebastian: 17 people were killed and assure -- school shooting in southern broward county, florida. the suspected gunman has been arrested and is said to be 19 years old and a former student at the school. itward county sheriff says was a catastrophic day. president trump has offered federal assistance to the state and his consultants is to families. president trump has told lawmakers he proposed a increasing gas and diesel taxes to fund improvement in roads, bridges and other public works. tom carper said the president raised the idea several times during a white house meeting with lawmakers. the federal gasoline tax hasn't been increased since 1993. angela merkel says she won't allow budget deficits in a perspective government with the social democrats. merkel touted last week's coalition as returning -- to her party. she said seizing and troll of the finance ministry was a price to pay for renewing an alliance. global news 24 hours a day, powered by m

also water products offset the weakness in the dairy business the company is known, of course, for danonurt and hasn't been under pressure from active investors to improve the results. but those shares you can see they're up today also french automaker renault reporting record profits and sales in 2017, helped along by resurgence in european demand and as a result, renault asked the ceo to stay on for another four years shareholders will talk about his reappointment later in june. both of them yesterday's results and air bus contributing to this week's rally in france overall the cac index up 4%. the london ft-se and german dax each up 3% for the week as well. a nice strong week for the european markets >> for markets all over the globe. dom, thank you dom chu at hq. let's stay there and go to sue herrera who has a news update. >>> thank you, david good morning once again, everybody. here's what's happening at this hour defense secretary jim mat is arriving in germany for a global security conference. it comes as strains between the u.s. and nato grow over the syria and ukraine conflicts