• Mon
  • Apr 21, 2014
  • Updated: 7:06pm

Danone

French food firm Danone doubles its stake in Mengniu Dairy

French food company Danone has agreed to pay HK$5.15 billion to increase its stake in Mengniu Dairy, the mainland's biggest maker of dairy products, to bolster its position amid growing demand.

Thursday, 13 February, 2014, 1:24am

Mengniu, Danone's China yogurt joint-venture terms reveal distrust

The terms of a yogurt joint-venture between China Mengniu Dairy and Danone reflect the mistrust between two parties, analysts say. Hong Kong-listed Mengniu and Danone, a Paris-listed conglomerate, describe the details as legal formalities.

14 Aug 2013 - 5:48am

Reform agenda puts China’s economic super agency under scrutiny

Behind China’s two investigations into irregular pricing of infant formula and pharmaceuticals announced this month is one powerful institution and its struggle for relevance as Beijing attempts a transition to a more consumption-led economy.

17 Jul 2013 - 5:53am

Abbott to cut milk powder prices in China after probe

Abbott Laboratories is cutting prices of its instant products in China by up to 12 per cent, the company said, joining other foreign firms in responding to Beijing’s probe into possible price-fixing by milk powder makers.

12 Jul 2013 - 2:37pm

Abbott to cut milk powder prices in China after probe

Abbott Laboratories is cutting prices of its instant products in China by up to 12 per cent, the company said, joining other foreign firms in responding to Beijing’s probe into possible price-fixing by milk powder makers.

6 Aug 2013 - 12:40pm

Mead Johnson cutting China infant milk prices amid probe

Mead Johnson Nutrition said it will cut the price of its infant milk formula in China, becoming the latest company to take action in the wake of an investigation by Beijing into possible price-fixing and anti-competitive behaviour.

11 Jul 2013 - 11:05am

Nestle, Danone to cut Chinese infant milk prices amid probe

Swiss food company Nestle and French rival Danone are cutting the price of infant formula milk in China after Beijing launched an investigation into possible price-fixing and anti-competitive behaviour in the sector.

29 Aug 2013 - 4:13am

Mengniu sets up yogurt venture with Danone

Shares in China Mengniu jumped more than 10 per cent yesterday after the company said it will introduce the French dairy-foods maker Danone as a strategic shareholder, with the two firms agreeing to set up a yogurt joint venture.

21 May 2013 - 4:39am

Beverage king blames partner

The chairman and founder of Wahaha - the mainland's largest drinks maker - has accused the company's estranged French joint venture partner, Group Danone, of tipping off mainland tax officials in his massive tax-evasion case.

16 Apr 2008 - 12:00am

Xinjiang court deals Danone further setback

French food giant Groupe Danone has been dealt yet another setback two weeks after a Xinjiang court threw out the company's suit against Zong Qinghou, president of estranged partner and the mainland's largest drinks maker, Wahaha Group.

22 Dec 2007 - 12:00am

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