"Dawa 's" thaw into and on stage?

Keywords: wahahada can dispute Zong qinghou Dawa's

The world brand laboratory (brand.) Reports:

Ogilvy public relations officials from 23 in Xinhua telephone interview confirmed that Hangzhou wahaha group and France Danone Group has decided to end the confrontation, regression and discussed.

Publishing the news of Ding Ying said that the consensus is that the good offices of the Ministry of Commerce in China achieved, both sides have issued a joint statement on this.

The Ogilvy Group for Danone France in WA news

Publishing contacts also said that this joint declaration is entrusted by Danone, Ogilvy's release, but "its full text is the unanimous endorsement of the, both representing the common views and aspirations".

Joint statement: "follow France Government expectations, both sides agreed to end the confrontation, return to peace talks, both sides agreed to suspend all litigation and arbitration, and stop all offensive comments, and on creating a friendly atmosphere. "Statement also expressed mutual expectations and the positive attitude of success.

But wahaha is no to journalists from the same letter. In charge of their news in a telephone interview with reporter confirmed, wahaha Group Chairman Mr Zong in Beijing took part in the negotiations of commerce organizations, and at the same time that, as of now, there is no update wahaha views need to be published.

It is understood that the 21 October, the Department of commerce organizations Danone and wahaha's main representative again in Beijing. After an afternoon of difficult negotiations and mediation of the Ministry of Commerce, from active to night, the two sides finally reached truce and on consensus.

Danone had previously expressed, wahaha's founder has set up numerous Zong qinghou with Danone and wahaha formed joint venture competition exists parallel relationship between companies (i.e. non-venture), damaged the Danone Group's interests, and offer 40 billion yuan to acquire non-51% of shares of JV. But wahaha is claimed that the non-existence of legitimacy, the joint venture and resolutely resist the Danone's mergers and acquisitions.

Both economic disputes since April of this year since going public in recent times there has been an up trend. Danone in Sweden Stockholm and the United States initiated arbitration and litigation, and apply for frozen Zong qinghou more than 10 in American Mo SA Asia Islands and the British Virgin Islands registration of offshore company assets. But wahaha authorities in the country has instituted against Danone in individuals and bodies of arbitration and litigation, and has obtained an initial victory three, while at the same time, wahaha trade unions also through litigation has been restrained regards Danone in Shandong Weifang of two joint venture of all equity assets.

But according to the two sides reached agreement, and is currently in progress in the application of these proceedings will be suspended. Economic sector, announced that talks is a gratifying progress, both in economic terms there are substantial differences, this statement does not mean that the subsequent negotiations will be smooth sailing.