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Danone bids about $17 billion for Dutch rival

French food group Danone has offered $16.7 billion (12.3 billion euros) for Dutch baby-food maker Royal Numico. The all-cash offer of 55 euros a share is expected to create what Danone claims will be the world's largest food firm.Under...

Danone and Wadia JV may be reaching its end

In talks for resolving longstanding disputes, French food company Groupe Danone and Wadia group are said to be heading towards dissolution of their joint venture. Danone may offer to exit Britannia Industries and stay out of the biscuit business...

Danone trying patch up with Wadia

If the news coming from Danone camp is to be believed, there is still some life left in the Danone-Wadia joint venture. Sources say that the French food product major is trying to resolve all the differences with Wadia...

And the fight goes on

Danone has declared that it would return the Tiger brand back to Britannia Industries. But the issue of Intellectual property rights is still a bone of contention between both the parties. Though, Danone agreed to give back the Tiger...

Danone love — Wadia one

The Danone and Wadia tussle took another twist when the French dairy major offered to pay the Wadia Group $1.34 million (euro 1 million) compensation to use the Tiger brand in international markets. Reports suggest that Danone has also...

Danone and Wadia to part ways amicably

The Wadia family and Danone, France-based dairy product giant, partners in Britannia Industries, will soon part their ways cordially. This will terminate the joint venture between the two companies in Britannia Industries and Wadia BSN.Industry insiders say that the...
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