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Reuters Paris / Hong Kong May 10 - China's dairy producer - Inner Mongolia Yili Industrial Group Co., Ltd. (600887.SS) said on Wednesday that it plans to bid for Danone (DANO.PA) in US $ 850 million Organic shares of all the shares of Stonyfield.

Danone has not commented; Erie said the transaction is still in the initial stage.

Danone said earlier this year that it would sell Stonyfield as part of its agreement with the relevant US authorities to help it complete the acquisition of White Wave, an organic food company in the United States. Stonyfield in 2016 was $ 370 million in revenue.

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