Danone prepares solo Indian foray
Danone has formally exited its Indian joint venture with the Wadia Group, selling its stake in biscuit maker Britannia Industries…
Danone has formally exited its Indian joint venture with the Wadia Group, selling its stake in biscuit maker Britannia Industries to the family-owned conglomerate. While the company has indicated that it intends to continue its push into the Indian market, the French group will have taken some important lessons from its history of failed joint ventures in emerging markets. Katy Humphries reports.
Danone has formally exited its Indian joint venture with the Wadia Group, selling its stake in biscuit maker Britannia Industries…
French food giant Danone today (16 April) reported a 2.3% drop in first-quarter sales due to declining revenues at its…
Market analysts have predicted that the Wadia Group could buy the 25.48% stake held by Danone in the companies’ joint…
Danone said that it will continue its trademark battle with the management of Wahaha after a Chinese court ruled against…
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