Author(s):LIU Shengjun;LIU Jia
Discipline:Ethics & Social Enterprises, Economics & Business Environment
In 1996, Hangzhou Wahaha Group, the largest food and beverage enterprise in China, signed an agreement with Danone Group to establish five joint venture companies. On 3 April 2007, Mr Zong Qinghou, the Founder and Chairman of Wahaha Group, disclosed to the media that Danone threatened to acquire non-joint venture subsidiaries of Wahaha Group at a price of RM......