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CHINESE DRINK MAKER WAHAHA REACHES AMICABLE SETTLEMENT WITH DANONE

September 30, 2009

Chinese drink making giant Wahaha Group announced Wednesday that it had reached an "amicable settlement" with Danone, a Paris-based food and beverage producer. The solution is still subject to approval of the Chinese government, said a spokesman for Wahaha Group Wednesday. Danone also announced its settlement with the Chinese company at its website on the same day. According to a press release ...



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