Danone Wants Wahaha to Negotiate End to China Feud
French food group offered to drop all legal actions against Hangzhou Wahaha Group.
Danone in late November had offered to suspend six legal proceedings against Wahaha as a sign of good faith but had been rebuffed. Danone and Wahaha have been exchanging accusations and lawsuits for months.
The French company has accused Wahaha of setting up parallel operations outside their ventures that sell Wahaha-branded products such as soft drinks and bottled water.
Danone said this week it would appeal against a Chinese arbitration commission's decision that would force it to hand back the best-selling Wahaha beverages brand to the Chinese firm.
Related news
Related news
SPAR presents its own brand offering with Roland Sallai
SPAR Hungary is launching a nationwide campaign with Roland Sallai,…
Read more >Eszter Vitályos visited the Szobi factory: the brand beloved by Hungarians is experiencing a new era of glory
The Szobi brand name and its related products may be…
Read more >We cracked the collagen code: here’s what works and what’s just empty promises!
Collagen has been quietly doing its job in our bodies…
Read more >