Danone this week struck a deal with US regulators over its planned takeover of WhiteWave Foods - and it will lead to the sale of its local organic dairy business Stonyfield. In Europe, Ferrero named a new CEO as incumbent Giovanni Ferrero moved to the role of chairman to focus on strategy. In Latin America, Brazil saw one of its major meat customers, China, ease restrictions on its exports, put in place after the corruption allegations that have rocked the country's meat sector emerged.