PARIS--French dairy company Danone SA (BN.FR) said Thursday it had received court approval for its $10.4 billion purchase of U.S. company WhiteWave Foods Co. (WWAV).

The U.S. District Court for the District of Columbia issued an order April 5 that allows the acquisition to be completed, Danone said.

Danone and WhiteWave expect the transaction to close within five business days following the court order.

Write to William Horobin at william.horobin@wsj.com

(END) Dow Jones Newswires

April 06, 2017 02:02 ET (06:02 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.
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