Danone/Wahaha: The Final Chapter

In what seems like ages ago, we wrote a series of posts on the legal battles between Danone, the large French food company, and Wahaha, its partner in China.

Over the holidays, it was announced that Danone will quit the joint venture and be bought out by Wahaha. The following post tells the story.

Danone is quitting its troubled joint venture with China’s leading soft-drinks producer and ending a high-profile commercial dispute that sparked tensions between Paris and Beijing. The companies have been battling in dozens of legal jurisdictions since April 2007 after Danone accused Wahaha and its founder, Zong Qinghou, of setting up parallel businesses.  Danone will receive about €300m ($439m) from its partner for its 51% stake – valued in its books at €380m – and cede any future trademark claim to the Wahaha name.

An article in Forbes provides a brief summary of the dispute.

For complete background on our views, please refer to the series of articles we wrote on this controversy:

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