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- China's Wahaha wins court victory in trademark dispute
- SHANGHAI, AFP — A Chinese court has ruled that China's largest soft drink maker is the owner of the Wahaha trademark, ruling against France's Danone, the Chinese company's former partner, the companies said Tuesday. The Wahaha Group was the rightful owner of the brand name, the Hangzhou Intermediate People's...
- Research articles 2008-08-04
- Danone buys dairy plants in China: report
- SHANGHAI AFP — French food giant Danone, which is embroiled in a bitter feud with a Chinese partner, has bought two domestic dairy plants as it seeks to reshuffle its China operations, state media said Tuesday. Danone has signed an agreement to buy two manufacturing plants, one in Beijing...
- Research articles 2008-01-28
- France's Danone to appeal Wahaha brand decision
- SHANGHAI AFP — French food group Danone will demand a Chinese court cancel a decision that would hand the Wahaha brand back to its estranged joint venture partner, the firm's lawyer said Tuesday. Citing errors in fact and protectionism, lawyers for Danone said they would appeal to a Chinese...
- Research articles 2007-12-10
- France's Danone has Chinese partner's overseas assets frozen
- SHANGHAI AFP — French food giant Danone said Wednesday it had won a court order freezing the assets of 10 foreign companies believed linked to its estranged former partner, Chinese drinks maker Wahaha. In the latest escalation of a bitter feud, four Danone companies filed claims against offshore companies...
- Research articles 2007-11-20
- Danone purchase of Dutch baby food maker approved by EU
- BRUSSELS AFP — EU antitrust regulators approved Danone's takeover of Dutch baby food group Numico on Wednesday after the French food group agreed to sell some of the overlapping businesses. Danone has offered 13 billion euros (18.8 billion dollars) in cash to take over Numico, which makes the Cow...
- Research articles 2007-10-31
- Danone to sell 20 percent stake in China's Bright Dairy
- SHANGHAI AFP — French food giant Groupe Danone SA, which is embroiled in a long and bitter public feud with a Chinese partner, said Tuesday it was backing out of another venture in the fast-growing Asian market. Danone will sell its entire 20.01-percent stake in Shanghai-based Bright Dairy and...
- Research articles 2007-10-15
- Danone to bid 12.3 bln euros for Dutch baby food maker
- PARIS AFP — French food giant Danone is to launch a takeover offer for Dutch baby food group Numico worth 12.3 billion euros (16.7 billion dollars), the companies said Monday. The planned offer, which is backed by Numico directors, comes after Danone began talks last week to sell its...
- Research articles 2007-07-09
- Wahaha chief a bold Chinese entrepeneur who won't back down
- SHANGHAI AFP — Bold, frank and aggressive, millionaire drinks king Zong Qinghou is a self-made Chinese entrepreneur who has refused to back down in his bitter battle with French food giant Danone. The charismatic founder of Wahaha Group, China's biggest drinks firm, remains locked in a months-long power struggle...
- Research articles 2007-07-04
- Wahaha resists new chairman from Danone
- SHANGHAI AFP — China's largest drink maker Wahaha said Thursday the appointment of a new chief to its disintegrating joint venture with French food giant Danone was illegal. Danone appointed Emmanuel Faber to replace Zong Qinghou, the president of Wahaha Group, as chairman for the joint venture earlier this...
- Research articles 2007-06-21
- Danone set for arbitration dispute in China
- SHANGHAI AFP — China's biggest drinks company Wahaha has had its arbitration filing approved and is requesting a trademark transfer between it and Danone to be terminated, a state press report said Monday. A Hangzhou arbitration court will listen to Wahaha claims that its contract with French firm Danone...
- Research articles 2007-06-17
- Danone fiasco underlines China business risks
- BEIJING AFP — Rogue companies. Secret profits. Legal threats. Allegations of "evil deeds" and "tyranny." It may sound like an overwrought corporate thriller, but all are elements in a dispute between French firm Danone and its Chinese partner which has underlined the lingering risks of doing business in China....
- Research articles 2007-06-16
- Chinese drinks company to initiate legal action against French food giant
- SHANGHAI AFP — China's biggest drinks company Wahaha said Thursday it would begin legal action against French food giant Danone, the latest twist in a bitter feud between the joint venture partners. "Wahaha has decided to apply for arbitration in Hangzhou in the dispute over the trademark transfer agreement,"...
- Research articles 2007-06-13
- Danone minimises reported Evian health alert in China
- PARIS AFP — French food group Danone sought on Wednesday to minimise a potential sales problem in China, where authorities are reported to have found high levels of bacteria in Evian mineral water, the company's star product. "China has regulations that are different from those applied internationally and in...
- Research articles 2007-05-30
- France's Danone, Indian Wadia group in talks to end feud: report
- NEW DELHI AFP — French foods giant Groupe Danone and India's textiles-to-airline Wadia Group are in talks to settle a bitter row over their joint venture agreement, a report said Wednesday. The two groups are exploring renegotiating their 1991 joint venture deal to allow Danone to go it alone...
- Research articles 2007-03-07
- Business News
- Rushing Into DefencePrivate sector participation can add 2 per cent to India's GDP growth.Shivani Lath India Inc is betting big on defence. Larsen & Toubro (L&T), Tata Power, the Kalyani Group and the Mahindras, among others, are setting up new companies or joint ventures with foreign companies to grab a...
- Research articles 2006-12-31
- Current News
- Virtue of Value Is Hutch Essar, along with its Hong Kong parent, up for sale? krishna gopalan Li Ka-shing, chairman of the Hutchison Whampoa Group, has an uncanny knack of spotting a business opportunity, investing in it and getting out at huge valuations. He launched star TV in 1991...
- Research articles 2006-12-31
- Danone doubles profit, raises growth prospects
- PARIS AFP — Danone, the French food-industry multinational, doubled net profit in the first half to 704.0 million euros (894.1 million dollars) and said it was raising its target for internal growth. The price of shares in Danone, periodically the target of takeover speculation because its shareholder base is...
- Research articles 2006-08-02
- Kraft foods has moved closer in its bid to buy groupe Danone's biscuits business for $7.6 billion
- Kraft Foods has moved closer in its bid to buy Groupe Danone's biscuits business for $7.6 billion. The agreement between the two firms, first announced in July, has been finalized after Danone wrapped up its consultations with employees at its biscuits operations. Regulatory authorities in France, the U.S. and at...
- Research articles 2007-11-05
- Danone investigates Volvic water scare in Britain
- PARIS AFP — French food and drink group Danone said it was investigating a report in Britain that a potentially harmful chemical had been detected in bottles of Volvic, one of its leading brands of mineral water. Danone said it was "actively investigating the exact cause of this problem",...
- Research articles 2005-10-24
- Danone shares tumble as CEO denies fresh contacts with PepsiCo
- PARIS AFP — Shares in French dairy group Danone fell sharply after its chief executive denied that the company had been negotiating a tie-up with US snack food giant PepsiCo. Danone shares were down 2.87 percent at 91.30 euros in early afternoon trading on a generally weaker Paris market....
- Research articles 2005-09-21
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