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A disgruntled Groupe Danone SA dumped its longtime joint venture partner Hangzhou Wahaha Group by selling its 51% stake in the JV. The Deal Pipeline (subscription required) cites a deal value of several hundred million dollars paid by the Chinese soft drinks maker. The two failed to resolve trademark disputes...
Posted on September 30, 2009 5:05 PM
Groupe Danone SA and 11-year-old joint venture partner Hangzhou Wahaha Group ended their public battle regarding a year-long trademark dispute in December. CD brought you all the ups and downs of the Chinese-French JV, which established itself as a major player in the Chinese market. Professor Stewart Hamilton and...
Posted on September 12, 2008 2:18 PM
France's Groupe Danone SA's 2007 net income soared 309%, from 1.4 billion euros ($2 billion) in 2006 to 4.2 billion euros. This came from a whirlwind month in July, where Danone sold its cookies and cereals business to Kraft Foods Inc. for 5.3 billion euros. That deal, from which they...
Posted on February 14, 2008 1:15 PM
To sustain their rapid growth in China, big foreign companies are having to work hard at attracting, training and retaining managers.
Posted on December 15, 2005 6:12 PM
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