date:Feb 21, 2014
nducted research for a range of corporate customers including Danone rival Nestle, declined to name the fund.
While the price tag in Danone's move to double its stake in Mengniu to 9.9 percent caught the eye - the deal came with a 15 percent premium to Mengniu's share price at the time - analysts broadly welcomed the deal, even if the French firm has a track record for falling out with Chinese partners.
In the highest-profile case, Danone and China's Wahaha food and drink group in 2009 settled