If the Wadia-Carrefour talks fructify, it is possible that the Danone-Wadia ties would be re-worked in a mutually convenient manner. This means, the two may settle issues within Britannia while agreeing to suitable give-aways in the Wadia-BSN joint venture, which is the umbrella vehicle guiding their business ties in India.
Friday, February 02, 2007
Bombay Dyeing-Danone thaw?
More on the ever evolving retail news. The Wadias of Bombay Dyeing relationship with Groupe Danone, its partner in Britannia, is heading for a thaw, thanks to a likely tie up with Carrefour for operations in India. Groupe Danone and Carrefour are the two largest retailers in France. The Economic Times states that:
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment