Tuesday, October 14, 2008

Sanlu suiters

The following companies are reported to be in negotiations to purchase Sanlu Dairy Co.

Groupe Danone SA, (Wahaha Group Co. LTD)
Wahaha Believes Arbitration in Stockholm Critical in Disputes with Danone Wahaha Group Co., Ltd., China's
leading beverage tycoon, announces that a court in Stockholm, Sweden will hear the case between the Company and the French food giant, Danone Group, next January following a series of disputes between the two companies that have lasted for over 18 months.(EarthTimes, 09/23/2008) Excellent history of Danone Groupe-Wahaha partnership

Danone likely to sell equity in Wahaha to Coca-Cola Coca-Cola might purchase Danone's equity in Wahaha cheaply, the China Securities Journal reported Wednesday.A Groupe Danone spokeswoman refused to comment on the possibility of a sale of its equity in Wahaha to Coca-Cola, and a rumor that there are three potential buyers. She only confirmed that as one of the stockholders of Huiyuan Juice, Danone supported the sale of its equity. (China.org 09/25/2008)

Wonder Sun Dairy Co. LTD.

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