Danone meets resistance from Wahaha in its acquisition bid

Consumer and Retail

Thursday, August 21, 2008 22:36:13

	Danone meets resistance from Wahaha in its acquisition bid By STAFF EDITOR Published: April 11, 2007 11:35 PM France’s Group Danone SA has been rebuffed by Hangzhou’s Wahaha Group, in which it has a 51% stake, in its attempt to acquire the beverage company. Danone currently has five join ventures with Wahaha, and the companies have an agreement that prevents Wahaha from competing with ... You are currently reading 51 words of 155 total words in this article. To continue reading this article, you must be a subscriber. Log in now. Buy this article now for $10 USD. Not a subscriber? Start your 7-day free trial now. bookmark \| digg \| Permalink \| Tell a Friend Tags for this article: sina , US , EA , venture , monopoly , China Mergers and Acquisitions , dairy	More Articles in Consumer and Retail > Today’s Daily Briefs E-Mail Sign up for a roundup of the day’s top stories, sent every day. RELATED ARTICLES > How has Taobao.com grown so rapidly? Sina Slumps in Profit Shanghai bank, Gome ink US$161m credit deal China Commodities City net profit up 106% Yiwu to expand trade mall Arcelik buys Chinese washing machine maker Catering firm to diversify ahead of IPO

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