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45
Explain the issue between Danone and Wahaha.
Danone sold its 51% joint venture share in Wahaha, a popular Chinese drink, for $555 million when it discovered that the local producer was making drinks on the side, effectively side-stepping any profit sharing Danone was entitled to.
Flashcard info:
Author: savhighsmith
Main topic: Management
Topic: MGMT 3000 Exam 1
School / Univ.: UGA
City: Athens
Published: 16.02.2011