Food and dairy giant Groupe Danone has remained silent on reports it will receive EUR800m (US$1.27bn) to EUR1.7bn for exiting its joint venture with Chinese beverage group Wahaha.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more


Danone has been accused of violating the terms of the 1996 joint venture agreement with Wahaha, and last month it was reported that the beverage partner rejected a proposal by Danone to revise ownership terms.


When contacted by just-food today (10 April) Danone declined to make any comment on the rumours.

Just Food Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Food Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving food industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now