Danone shares fall
Afp, Paris
Shares in French group Danone dipped on Tuesday amid reports of escalating disputes with its Chinese and Indian partners. In late morning trading, the price of Danone stock had fallen by 2.19 percent to 119.48 euros, marking the biggest fall on French CAC 40 index which was showing a loss of 0.56 percent. Workers at Chinese drink maker Wahaha have said they are opposed to a series of takeovers by Danone which would result in the loss of Chinese control of their brand. The French company, which owns 51 percent of a joint venture with Wahaha, plans to invest four billion yuan (519 million dollars) for controlling stakes in Wahaha subsidiaries, Wahaha chairman Zong Qinghou told Sina.com recently.
| 
