Danone began its partnership with Hangzhou Wahaha in 1986. The two set up 39 joint ventures--in which Danone owned 51% while its Chinese partner had the remaining 49% stake--to produce and market ...

Ratcheting up its attack on its erstwhile foreign partner, Hangzhou Wahaha says that it intends to countersue Groupe Danone , claiming up to 5 billion euros ($6.7 billion) in compensation for the ...

Wahaha employees in Shanghai hold a banner saying, "We want Zong Qinghou. We oppose Danone" June 12, 2007. The employees were angry over an alleged takeover bid by Danone of its Chinese partner.

Zong Qing Hou, chairman of China’s Wahaha Group, is planning to take financial stakes in Australian mining and dairy groups as the Chinese food and beverage group diversifies and expands outside ...

Zong Qinghou, the rags-to-riches founder of one of China’s biggest beverage makers, has died. The self-made billionaire, who was once China’s richest man, died of an illness on Sunday at the ...